A cost that is being associated with the buying of a home would be the property taxes.
Option C is correct.
What is meant by home buying?
When an individual purchases anything like house, a product, a luxury thing, etc. then that activity is considered to be as buying. The buying of a home is one of its example.
- Taxes are the obligations that are required to be paid by each taxpayer on yearly basis. These amounts are being determined on the basis of the amount of taxable income earned in the previous year. It is being submitted by filing the tax return to the government or the tax authorities of the country.
- The taxes are of various types like wealth tax, service tax, property tax, and so on. The property taxes are the amounts being charged on the house of an individual in which he/she is residing. It totally depends on the area of house and being reduced through subsidies from tax authorities.
Therefore, the correct option is mentioned in option C.
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