Strategies for lifelong, tax-free second home ownership
This book explains how to invest profitably in a vacation or future retirement home. Featuring success stories from second home buyers and often-overlooked financing options, How a Second Home Can Be Your Best Investment provides dozens of strategies and proven how-to avenues for finding the perfect home that will eventually pay for itself. Real estate experts Tom Kelly and John Tuccillo show readers how to save thousands through exchanges and exemptions and include valuable Web resources for both second home buyers and real estate investors. Readers will discover how to:
- Choose a second home and location with maximum appreciation potential
- Use a vacation home as a cash cow rental
- Subdivide a property
- Minimize the hassle factor of an investment --while maximizing rental income