In general terms, the tax laws favor taxpayers who own a principal residence relative to those who rent a principal residence.

Name: In general terms, the tax laws favor taxpayers who own a principal residence relative to those who rent a principal residence.
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The tax laws provide incentives for homeownership through deductions for mortgage interest, property taxes, and in some cases, capital gains exemptions. Renters generally do not have access to these tax benefits.

In General Terms, the Tax Laws Favor Taxpayers Who Own