Owning a house.

[Pokeraddict]

Forget that property taxes go into the cost of owning a house because they are a hidden cost in your rent so that cost is not relevent. The only difference is that the valuation on an apartment is going to be lower but if it is a comparable rental house you will pay more in property taxes as the landlord has to pay a higher taxr rate on a house that is an investment as opposed to one that he would occupy. The property taxes are certainly considered when it comes to fair market value on rent.

Also the point I made about the mortgage interest deduction is not relevent if you are donating many thousands of dolars to charities or have other write offs. This only applies if before you bought a house you always took the standard deduction because of a lack of any other deductions.