Michael Joseph and Maggi Lewis of Saluda, Virginia, are trying to decide whether to rent or purchase housing. Michael favors buying and Maggi leans toward renting, and both seem able to justify their particular choice. Michael thinks that the tax advantages are a very good reason for buying Maggi, however, believes that cash flow is so much better when renting. See whether you can help them make their decision (a) Does the home buyer enjoy tax advantages? Explain. (b) Discuss Magg's beltef that cash now is heter with penting (c) Suggest some reasons why Michael might cousider reating rather than purchusing housing. (d) Suggest some reasons why Maggi might consider buying rather than renting housing (e) If there a clear-cut basis for deciding whether to rent or huy housing? Explain why or why not