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Take Charge and Reach Your Goals

Take Charge and Reach Your Goals. Money & Life – Owning vs. Renting. Presented by:. www.picpa.org • (215) 496-9272 • info@picpa.org. PICPA. PICPA – Pennsylvania Institute of Certified Public Accountants

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Take Charge and Reach Your Goals

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  1. Take Charge and Reach Your Goals Money & Life – Owning vs. Renting Presented by: www.picpa.org • (215) 496-9272 • info@picpa.org

  2. PICPA PICPA – Pennsylvania Institute of Certified Public Accountants PICPA is a professional association of more than 19,000 CPAs working together to improve the profession and serve the public interest.

  3. Owning vs. Renting Question generally applies to two areas: A home A car

  4. Home In most cases it’s better to own a home Benefits of ownership: Tax benefits Equity Stability Borrowing power

  5. Home Tax Benefits

  6. Home Equity

  7. Home Stability

  8. Home Borrowing power

  9. Home Benefits of renting: Flexibility Cost Maintenance

  10. Home Flexibility

  11. Home Cost

  12. Home Maintenance

  13. Car Buying or leasing depends on your situation and other options: How long will you keep the car? How much do you drive? How do you treat your car?

  14. Car How long will you keep the car?

  15. Car How much do you drive?

  16. Car How do you treat your car?

  17. Remember to Feed the Pig Questions?

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