After you purchase a house, you aren't just paying for the house — you are also ordinarily paying out interest on the home loan. Here is the payment the lender is charging you for providing you with a loan. A home is often regarded a cash asset from the IRS, https://sell-a-house-or-rent-it-o98752.get-blogging.com/33241656/considerations-to-know-about-sell-house-after-1-year