BUY

  • Possibility of revaluation / capital gains
  • Possibility of inhabiting it for an unlimited time
  • Possibility of generating a monthly income through rent
  • Possibility of paying for the property through rent
  • Freedom of ownership changes
  • Sense of belonging, stability and community.
  • Possibility of deducting condominium expenses and property tax in the annual income tax return
  • Possibility of deducting mortgage loan interest from taxes
  • Generates a higher return than at the bank
  • Responsible for repairs and improvements
  • Responsible for condo fees and property taxes

RENT

  • Flexibility, ability to move frequently
  • Not responsible for major repairs
  • It allows you to have the experience of living in an urbanization without ties
  • Not responsible for condo fees and property tax
  • No tax benefits
  • Inability to deduct income from taxes
  • Impossibility of making changes to the property without authorization from the owner
  • Possibility of annual increase in rent
  • It is up to the owner to renew for another term
  • Money spent without building assets