Deciding whether to rent or buy
Each time you make a military move, the decision has to be made whether to live on-post/base or off. If you decide to live out in town, will you rent or buy? To help you with these choices, we put together a list of PCSgrade's top articles featuring some great information and things to consider when you are wrestling with this major decision.
#1 RENT VS BUY – MILITARY FAMILIES NEED TO WEIGH THEIR OPTIONS
There is no right or wrong answer when it comes to deciding whether to purchase or rent a home. You are tired of renting but you are nervous that buying and moving again in two years might not be the smartest move financially. This article features the pros and cons of buying and renting. All these factors need to be weighed for you to figure out what is best for your financial situation and family.
#2 RENT VS BUY – WHAT CAN YOU AFFORD?
There are so many factors that go into figuring out how much it costs to buy a home. This article lists out many of the upfront costs and the ongoing costs of both renting and purchasing a home. There are items on this list, such as the home inspection or appraisal, costs that you might not think of as you are making your decision. And we don't think of renting as being too complicated, right? I'm mean it's just the monthly rent, right?
#3 THE TAX ADVANTAGES OF OWNING A HOUSE
You've heard that owning a home allows for certain tax advantages. That is true. This article breaks down what those tax advantages are to include:
- Capital Gains Tax
- Property Taxes
- Private Mortgage Insurance (PMI)
- Maintenance costs on a rental that you own
#4 HOME OWNERSHIP AND TAXES – A Q & A FOR MILITARY FAMILIES FACING A MILITARY MOVE
This article features a one-on-one interview with one of our "A-Graded" Realtors®. Find out the answers to questions such as:
- Does buying a house help with taxes?
- If I rent out my house when I make my next military move, does that help me?
- Do I need to hire a tax professional if I own a house?
PCSgrades is always updating its content library with the latest resources to make your house hunting, neighborhood search, and PCS in general. Go as smooth as possible. Make sure you follow PCSgrades on Facebook, Twitter, Pinterest, and Instagram for all the latest updates.
This article is sponsored by PCSgrades.
WASHINGTON (Reuters) - Known for acting on impulse, President Donald Trump has adopted an uncharacteristically go-slow approach to whether to hold Iran responsible for attacks on Saudi oil facilities, showing little enthusiasm for confrontation as he seeks re-election next year.
After state-owned Saudi Aramco's plants were struck on Saturday, Trump didn't wait long to fire off a tweet that the United States was "locked and loaded" to respond, and Secretary of State Mike Pompeo blamed Iran.
But four days later, Trump has no timetable for action. Instead, he wants to wait and see the results of investigations into what happened and is sending Pompeo to consult counterparts in Saudi Arabia and the United Arab Emirates this week.
That sound you're hearing is Army senior leaders exhaling a sigh of relief, because the Army has surpassed its recruiting goal for the year.
After failing to meet recruiting goals in 2018, the Army put the pedal to the metal and "did some soul searching," said Acting Army Secretary Ryan McCarthy, to ensure that they'd meet their 2019 goal. It must have paid off — the service announced on Tuesday that more than 68,000 recruits have signed on as active-duty soldiers, and more soldiers have stuck around than they expected.
Air Force Chief of Staff Gen. David Goldfein transformed into the Cigarette Smoking Man from "The X-Files" on Tuesday when explaining why UFO enthusiasts should avoid storming the mythical Area 51 installation in Nevada.
"All joking aside, we're taking it very seriously," Goldfein told reporters during the Air Force Association's annual Air, Space, and Cyber Conference. "Our nation has secrets, and those secrets deserve to be protected. The people deserve to have our nation's secrets protected."
SAN DIEGO — A San Diego-based Navy SEAL acquitted of murder in a closely watched war crimes trial this summer has filed a lawsuit against two of his former attorneys and a military legal defense nonprofit, according to a complaint filed in federal court in Texas on Friday.
NATIONAL HARBOR, Maryland — The Air Force is reviewing whether some airmen's valor awards deserve to be upgraded to the Medal of Honor, Chief of Staff Gen. David Goldfein said on Tuesday.
Goldfein revealed that several airmen are being considered for the nation's highest military award during a press conference at the Air Force Association's annual Air, Space, and Cyber Conference. He declined to say exactly who could receive the Medal of Honor, pending the outcome of the review process.