Condominiums may be preferred to homes because they

Question

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Condominiums offer the convenience of renting, in that owners are not responsible for exterior maintenance, but also provide the tax advantages of homeownership, such as the ability to deduct mortgage interest on taxes. Additionally, condominiums can be financed through the use of debt, just like traditional homes. However, they do not receive special tax treatment and may still have maintenance costs through monthly homeowner fees.

Condominiums May Be Preferred to Homes Because They