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Smart Investment
Buying a home or investment property is still a smart investment.
Even with the current economic environment you can expect appreciation of your home over time. Indicators now say
you should be in a position to hold your properties for around five years.
There are tax advantages to home
ownership as well. If this is your homestead all of the interest and property taxes you pay in a given year can be deducted
from your gross income to reduce your taxable income. Property taxes are deductible, too.
Your accountant can also explain any tax advantage you may be able to benefit from with regard to owning a rental
or vacation property.
Vacation Homes
Vacation homes in Florida are awesome. First, you have a place to come and enjoy the beach or
the Island atmosphere of the Keys. Second, you can earn a small income, enjoy potential tax benefits and grow your
investment. Over 50 million people visit the Orlando area every year. UCF is the third largest University
in the United States. Florida is still host to the best beaches in the United States and arguably in the world.
Buy low ... sell high. Now is low. Unprecedented foreclosures and short sales have resulted in a very
low cost inventory of homes. Now is a great time to buy.
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