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multiple select question select all that apply the advantages of owning a home include: stability of residence tax benefits

Question

Multiple Select Question Select all that apply The advantages of owning a home include: stability of residence tax benefits mobilityeasy to move personalized living location minimal financial commitment

Solution

Verificación de expertos
4.4 (285 Votos)
Samuel Profissional · Tutor por 6 anos

Resposta

The correct answers are:- **Stability of residence** - **Tax benefits** - **Personalized living location**### Explanation:1. **Stability of residence**: Owning a home provides stability since you are not subject to the terms of a landlord or rental agreements.2. **Tax benefits**: Homeownership often comes with tax advantages, such as deductions for mortgage interest and property taxes.3. **Mobility—easy to move**: This is **not an advantage** of owning a home because selling a home and moving can be time-consuming and costly.4. **Personalized living location**: As a homeowner, you have the freedom to customize your home and choose a location that suits your preferences.5. **Minimal financial commitment**: This is **not an advantage** of owning a home because purchasing a home typically requires a significant financial investment, including a down payment, mortgage payments, and maintenance costs.