23) You are currently renting a house for $15,000 a year and you also have an option to buy it for $300,000. Maintenance and property taxes are $5,040 per year and these costs are included in your rent. Property taxes ($3,360 of the $5,040) are deductible for income tax purposes. Your tax rate is 40% You wish to provide yourself with housing at the lowest present value of cost. The real after-tax rate is 2.8% per year. Should you rent or buy