Our Top 4 Posts to Help You Decide Whether to Rent or Buy a Home

rent vs buyBy Carla Olivo, PCSgrades Strategic Communications Director

Decide Whether to Rent or Buy a Home

Each time you PCS, the decision has to be made whether to live on-post/base or off. If you decide to live out in town, will you rent or buy? To help you with these choices, we put together a list of our top articles featuring some great information and things to consider when you are wrestling with this major decision.

#1 Rent VS Buy – Military Families Need to Weigh Their Options

There is no right or wrong answer when it comes to deciding whether to purchase or rent a home. You are tired of renting but you are nervous that buying and moving again in two years might not be the smartest move financially.  This article features the pros and cons to buying and renting. All these factors need to be weighed for you to figure out what is best for your financial situation and family.

#2 Rent VS Buy – What Can You Afford?     

There are so many factors that go into figuring out how much it costs to buy a home. This article lists out many of the upfront costs and the ongoing costs of both renting and purchasing a home. There are items on this list, such as the home inspection or appraisal, costs that you might not think of as you are making your decision. And we don’t think of renting as being too complicated, right? I’m mean it’s just the monthly rent, right?

#3 The Tax Advantages of Owning a House   

You’ve heard that owning a home allows for certain tax advantages. That is true. This article breaks down what those tax advantages are to include:

  • Capital Gains Tax
  • Property Taxes
  • Private Mortgage Insurance (PMI)
  • Maintenance costs on a rental that you own

#4 Home Ownership and Taxes – A Q & A For Military Families    

 This article features a one-on-one interview with one of our “A-Graded” REALTORS®. Find out the answers to questions such as:

  • Does buying a house help with taxes?
  • If I rent out my house, does that help me?
  • Do I need to hire a tax professional if I own a house?

We are always updating our content library with the latest resources to make your house hunting, neighborhood search, and PCS in general. go as smooth as possible. Make sure you follow us on Facebook, Twitter, Pinterest, and Instagram for all the latest updates.

PCSgrades.com is a community of military and veteran families helping each other with our biggest relocation needs through trusted reviews. Help us help each other and submit your reviews today.  Together, we can truly make a difference!

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