Which of the following is an advantage of renting a house as compared to purchasing a house?
A) Income tax treatment
B) No need for a down payment
C) Required security deposit
D) Equity interest in the property
E) Stable monthly payments

Question

Quizplus · Accepted Answer

Renting a house does not require a down payment, which can be a significant advantage for those who do not have the savings or credit to qualify for a mortgage. Additionally, renting a house often comes with fewer maintenance and repair responsibilities compared to owning a home.

Which of the Following Is an Advantage of Renting a House