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Old 11-02-2005, 02:25 PM
Nigel Nigel is offline
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Join Date: May 2005
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Default Re: So I\'m thinking of moving to Vegas... help? (some kinda-tax stuff)

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I disagree, there are a number of costs associated with buying/owning that are cheaper/nonexistant when renting. A general rule of thumb is that 2-3 years is a decent occupancy breakeven rate for owning vs renting. This also has to be weighed against your opinion on interest rates and the specific real estate and rental market in the area you are looking at.

for the OPs situation, it is my opinion that renting is much better, and it sounds like he thinks so as well.

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I was going to type basically the same thing. Good points and good advice to the OP.
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