Most homeowners get financial benefit from owning a home as it results in:
A)the creation of a recession proof liability.
B)saving tax liability by tax evasion.
C)tax savings due to tax shelter.
D)reducing non-depreciating assets.
E)adding to the hidden costs of mortgage payments.

Question

Quizplus · Accepted Answer

Homeowners can often benefit from tax savings due to tax shelter, which can result in reduced tax liability. This is a common financial benefit of owning a home.

Most Homeowners Get Financial Benefit from Owning a Home as It