Which of the Following Is Not a Tax Incentive for Individuals

question 51

Multiple Choice

Which of the following is not a tax incentive for individuals to purchase a home instead of renting?

• A)Real property taxes on the home are deductible.
• B)Premiums paid on homeowner's insurance are deductible.
• C)Interest paid on a home mortgage is deductible.
• D)All of the above are tax incentives.

---

Definitions:

Self-Fulfilling Prophecy

A belief or expectation that influences actions in a way that causes the belief or expectation to come true.

Status Groups

Communities or categories of people who share a similar social status, often marked by their prestige, lifestyle, and affiliations within a society.

Initiation Rite

A ceremonial event or series of actions performed to mark the transition or entrance of an individual into a new status or role in society.

Identity

The qualities, beliefs, personality, appearance, and expressions that make a person (self-identity) or group (collective identity) unique.