Tax Time: 5 Benefits of Buying a Home


Tax time is almost here and many people, when they see their tax bills, will be wondering what they can do to pay less next year. Buying a home continues to provide great tax benefits as well as other advantages for Americans looking to build wealth. Below, top-ranked national real estate expert and consumer advocate Rhonda Duffy shares 5 benefits of buying a home.

"If you're caught in a renting rut or uncertain about joining the ranks of homeowners, you should consider the benefits of buying a home," says Duffy. "Although home prices are slowly inching upward, now is still an excellent time to buy. This is especially true if you're a first-time homebuyer. Here are five benefits of homeownership:"