Buying a Second Home: Income, Getaway or Retirement

Book makes detailed analysis of how much second home a person can afford, unique feature of second home mortgages, and strategies on saving taxes that second homeowners are required to pay.

Like how second home can be rented out for 14 days or less in a year and not have to pay any kind of tax on the rental income even if it is $5,000 or more a week.

Every other person I talk to has a dream of owing a second home or already owns one. I too sometimes feel like joining the group.

This book is for people like me who are still deciding on whether to buy their second home or not.

For me good thing about purchasing a second home is that if it is not rented out as business property then mortgage interest is deductible as is for first home mortgage.

Conitzer


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