Why Own
- Establish a Solid Credit Rating: You have the option of adding your student’s name to the mortgage deed which can provide an invaluable start to developing a substantial credit history.
- Tax Benefits: Mortgage interest, property taxes, operating costs and depreciation may provide valuable tax savings (see your tax advisor for specific relevance to your situation).
- Luxury Living for a Low Price: Potential rental income may offset your child’s monthly expenses. The net cost of ownership could fall below the rental cost of an equivalent unit.
- Appreciation: Throughout the period your son or daughter is in college, the condo can appreciate providing the opportunity to sell at a profit (potentially taxed at the preferential capital gains rate or tax deferred into another qualifying property).
- Control: Condo ownership allows parents to exert and maintain control of where their child lives. The Woodlands provides a safe, secure and stable environment throughout their college career at the premier student living community in town.
- Maintenance: The Woodlands is designed, built and sold by The Dovetail Companies and is maintained and managed by the Condominium Association providing you with the commitment, dedication and resources necessary to protect the value of your investment.
