Silver Palms RV Village - Financial Advantages

Financial Advantages of Owning Your Own RV Lot

▪	If you rent, you have nothing but rent receipts after 5 to 10 years; when you own instead of rent, there are never any rent increases.
▪	When you own your own site, you can lock in your costs (with the exception of maintenance fees, which typically do not change rapidly and are controlled by the Homeowners and Community Association).
▪	Buying may result in significant gains if the property value goes up. (One RV Condominium resort reports that lot values appreciated over 130% over a two-year period. There is no guarantee that this will happen here, but prices are based on a constantly growing demand.)
▪	Mortgage payments on your lot build equity and may be tax deductible.
▪	Your RV lot can earn income for you if you choose to rent it.
▪	Tax breaks may be possible on both the property and association dues if you decide to rent your RV lot.
▪	Silver Palms will rent your RV lot for you.
▪	Silver Palms is not a time-share, membership or club membership community.