There is no confusion what-so-ever on my tense. Renting now while I await my home being completed and it SUCKS!
Aside from not getting any tax relief (regardless of how small) your money is being used to help someone else pay their mortgage and finance their future. On top of all that — your options of what you can do in a rental are very limited. As a renter and as someone who has tenants, I know what I speak.
Last year I owed about $10K in taxes (me alone not including my husband) and had I not owned property it would have been much worse.
Renting sounds like it works for you so more power to you. It does not work for me on multiple levels, though I am glad people are willing to rent as it pays the mortgage and gives me extra cash on my property in LA.
