Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 3 · column 2 of 6 · from the scan, no model involved
H&R
BLOCK
Do your taxes now!
Behind the Post Office
in Washington, Va. Tims. ft Wed. By appointment Mon. ft Thins. Closed Friday 9 a.m.-7 p.m. Sat. 9a.m.-12Noon
New Phone Number
703-675*3209
Real Estate
Eileen M. Day realtor BUYING HOME WITH ANOTHER
With the price of renting becoming so costly in today's market, there is a growing interest in buying a home together with a friend instead of renting two expensive apartments individually. This can make a lot of sense, especially in a location where there may be more homes for sale at affordable prices than there are good apartment rentals.
You may end up with more room, at less cost per month. You will certainly acquire a big tax benefit by deducting your half of the mortgage interest from your taxable income, not to mention the expected increase in value when it corhes time to sell. In contrast to owning, the only one who builds up equity when you rerit is the landlord and the only money renters can deduct is after-tax dollars from their checkbook.
The major caution to consider when buying a home with a partner is the uncertainty of the future. You should draw up a contract between the two of you as to what happens if one or the other wishes to move out or sell. Then your future bases will be^gvered.
If there is anything we can do to help you in the field of real estate please drop in at EILEEN M. DAY, Realtor, The Clopton House, Washington, Va. 22747. Phone: 6753033, We’re here to help.
89.5%