ST Alpha - "I believe the number depends on whether you'll be buying or renting since so many tax cuts apply to homeowners. -- nm" (Reading a Post)

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In response to "is that just housing, or housing plus utilities? -- nm" by tRuMaN

I believe the number depends on whether you'll be buying or renting since so many tax cuts apply to homeowners. -- nm

Posted by all the presdients love mandy lane (aka amanda) Feb 18 '09, 05:58

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Responses:

not tax cuts, sorry. like, since interest and taxes are deductible, your overall tax rate is lower if you own than if you rent. sorry for the error. -- nm - all the presdients love mandy lane Feb 18, 05:59
renting. -- nm - tRuMaN Feb 18, 05:58 4
- i pay about 25% of gross for renting. -- nm - Andie Feb 18, 06:07
- I pay around 27% (of gross) - utilities included -- nm - decline Feb 18, 06:02
- I pay 25%, utes included. -- nm - loosilu Feb 18, 05:59
- sfek, more than likely. -- nm - tRuMaN Feb 18, 05:58

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