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2 April, 04:09

Is a home an asset or liability

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Answers (2)
  1. 2 April, 05:45
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    Asset is what I think it is
  2. 2 April, 07:44
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    Liability because if you have a house, paid for or not, that you live in, then it cant be an asset. Instead of putting money in your pocket, it takes money out of your pocket which is a simple definition of a liability.
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