Are you thinking of having a second home for vacations or maybe to retire to? Buying a second home is a complex decision that requires careful thought including tax issues. Make sure that you take advantage of all remaining tax breaks, and if you are thinking of renting out that second home remember that it […]
What are the tax implications? The IRS has different rules for people with second homes and vacation homes (defined as such if you stay there at least two weeks a year), so before you do anything, consult your tax professional to find out how buying a second home will affect your tax situation. What are […]
