Rent Vs. Buy Your First Home
Rent vs. Buy Your First Home
Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes, and monthly payments to help you make a good financial decision. Click the “View Report” button for a detailed look at the results.
There are good reason both for and against. These reasons change depending on one’s job, timing, life partner and future goals. But once it is decided to either rent or buy, the cast is usually set for the duration of your rent lease or mortgage. And mortgages can last for 30-years, so give it a lot of thought!
Definitions dealing with rent or buy a home
|
We hope you found this article about “Rent Vs. Buy Your First Home” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
Durable Power of Attorney: Manage with Care
Durable Power of Attorney: Manage with Care With over 35 million people age 65 and older, more and more families are grappling with the needs of their elderly parents. Care-giving arrangements may be necessary, involving some difficult choices and emotional upheaval. For children with parents of substantial means, there may be concerns that extend beyond…
Gifts to Grandchildren: Generation-Skipping Transfer Tax
Gifts to Grandchildren: Generation-Skipping Transfer Tax The federal government currently imposes three distinct taxes on the transfer of wealth. The first two limit the total amount of assets that a person can pass tax free to others in life or at death. The gift tax and/or the estate tax take a substantial portion of all…
Independent Retirement Account – Defined, What Are The Options?
Independent Retirement Account – Defined, What Are The Options? There are typically two types of beneficiaries for an Independent Retirement Account (IRA). A beneficiary can be either a spouse or non-spouse, and each group has different options and benefits to receiving money from an inherited IRA. INHERIT INDEPENDENT RETIREMENT ACCOUNT FROM SPOUSE If you inherit…
Estate Planning Can Protect Your Wealth From Obamacare
Have you considered that estate planning can protect your wealth from Obamacare? What if everything you worked for in life, was handed over to the government the moment that you were about to give it to your heirs? Unfortunately this nightmare could be a reality if you don’t plan against it. Obamacare has expanded Medicaid,…