Allgemeines » Leverage. Where else can you bu

Purchasing a home is a major emotional and financial decision. Often times Carmelo Anthony Knicks Jersey , people want to buy a home; however, emotionally cannot afford to commit to the home-buying process. They are, in fact, afraid. "My payment will be too high" or "What if I lose my job," are some of the "excuses" which I often hear. People do not realize that they are able to meet all the commitments over their life span.

In any event, when everything is said and done, here are some of the major advantages of buying a home:

1. Quality of Life. Home-buying and living in your home affects the quality of life. It adds to your confidence Henry Ellenson Womens Jersey , giving you a sense of pride and satisfaction. You have a sense of emotional well-being as well as peace of mind.

2. Tax Deductibility of Mortgage Interest. The entire mortgage interest payment is tax-deductible and the "net" cost of the mortgage payment actually puts money in your pocket.

3. Tax Deductibility of Property Taxes. Similarly, the property taxes are due and payable twice a year and may seem like a lot of waste of money. Typically, property taxes are $1.10$1,000 of your purchase price. However, the property taxes are also tax deductible and you get it back in the form of tax savings.

4. Appreciation Potential. Typically and historically, nationwide property values have gone up in value at 7% per year. In California and some other states, properties have Noah Vonleh Womens Jersey , in certain good economic times, appreciated at the rate of over 20% per year. At 7% conservative rate, the property doubles up in value in 10 years. So, a property worth $500,000 will be worth $1,000,000 Mitchell Robinson Womens Jersey , equaling a gain of $50,000 on a yearly basis. For an average person, it is difficult to save that kind of money.

5. Deferred Capital Gain Treatment. Real estate investment capital gains can be deferred by exchanging the property for like-kind property. So, when the property appreciates and you decide to sell it and do no want to pay the capital gains tax, you can buy another property of like-kind and avoid capital gains tax. This allows you to switch properties when required, for example, an area might be facing downturn or you might be moving Damyean Dotson Womens Jersey , etc.

6. Once in a Lifetime Exclusion. Upon the sale of a personal residence, the IRS allows an exemption and one does not have to pay taxes on a gain of $250,000, if single and up to a gain of $500,000, if married. For example, if you're single and buy a property and live there for five years and the property appreciates by $250 Kevin Knox Womens Jersey ,000, you can sell the property and not pay any taxes at all.

7. Principal Accumulation. This is strongly tied to appreciation in the property value. Payments made toward the mortgage payment help you accumulate principal which essentially helps you establish a reserve savings account which you can later tap into by obtaining an equity line of credit or getting an equity loan, if needed.

8. Pride in Your Home. It is fun to invite people to "your" home and feel good about it. It also instills confidence in your family, your children and makes them more confident individuals.

9. No Landlord. You are in-charge and do not have to deal with a landlord who might not make repairs or maintain the property as you would like.

10. Leverage. Where else can you buy this size of an investment with 0-5-10% down. You can buy a property for a personal residence for as low as zero down or an investment property with 5-10% down, if your credit is good, and watch the investment grow. This, in turn Allonzo Trier Womens Jersey , allows the net investment return to be much higher (than the actual appreciation rate on the value of the property). To follow up on the example earlier, if the property grows at 7% and doubles in value, since the amount invested in buying the property might be only $50,000 (at 10% down payment), the actual return is much higher on $50,000 investment.

11. The Real Cost of Renting! At $700 per month, with a 6% rental increase per year Frank Ntilikina Womens Jersey , you will pay $110,719 over a 10 year period. If the rent is higher, you can count on paying much more and not getting any return or tax benefits at all.

Madan "Raja" Ahluwalia is an Attorney at Law and Realtor. Raja possesses a thorough understanding of the real estate market and trends, based on years of involvement in real estate, both for his clients and for his own investment purposes. Contact Raja via e-mail at raja@ and at 650.430.4023. Humans have long debated the topic of astrology and its correlation with scientific facts. Astrology believes in the relationship between astrological phenomena, events and the traits of humans. To decode the scientific inclination, we would like to explain a few an scriptures and sagas have always mentioned that themotion of heavenly bodies predict the future event鈥檚 and people鈥檚 personalities.
Astrology sets rules about relative positions and movements of heavenly bodies to understand the actions on Earth and human personality traits. The movement of heavenly bodies means the positioning of sun Mario Hezonja Womens Jersey ,planets, the time of day and the earth鈥檚 orbit around the sun.
Historical Relationship between Astronomy
Whenever we heard of Greece, the most common thoughts which come to us are democracy, philosophy and mythology. It was Greeks who first shaped the modern day astrology which came into existence in the 2nd millennium BC. They introduced the concepts of constellation to astrology. Further the Egyptians followed it slowly. Thus began the developmentof the modern form of western astrology.
On the other hand, Indian Astrology is the oldest form of astrology which is different from western and Chinese astrology. Indian ancient astrology which was developed around 5000 years ago follows a completely different hart when compared to the western followers. This science form dates back to 3000 B.C. Indian Astrology . Wholesale Jerseys China Cheap Jerseys From China Cheap Jerseys From China Cheap NFL Jerseys Cheap NFL Jerseys China Cheap NFL Jerseys Wholesale NFL Jerseys China Cheap NFL Jerseys Cheap NFL Jerseys Free Shipping Cheap Vintage NFL Jerseys