Attention MSU Students and Parents! 

MSU Students Moving to Bozeman Renting vs. Buying

Looking for a home with cheap monthly payments in a great location close to campus? There is a great alternative. Buying a house is a big investment, but it may be your wisest decision when it comes to paying living expenses for years to come. The perks of owning your home, outweigh renting a home from a Property Management business. If you plan to be in Bozeman for the next several years while obtaining your degree/attending a local higher education program, it may be in your best interest to buy a home.

You can deduct the amount you pay in mortgage interest for your home on your federal tax return. Property Taxes paid to local authorities are tax deductible. If you have owned and lived in your home for at least 2 years or the past 5 years, any profit you make on the sale of your home up to $250,000 ($500,000 for a couple) is tax free. 95% of homeowners and 73% of renters believe that over a period of several years, it makes more sense to own a home than to rent. A homeowner’s net worth is 34 times that of a renter’s.  

Check out related blogs:
Are You Currently Renting 
What Do You Need To Buy A House?
Attending MSU? How tough is tough to find a rental? 
 

Housing For MSU Students Moving To Bozeman

Housing For College Students

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