How a Second Home Can Be Your Best Investment

How a Second Home Can Be Your Best Investment

by Tom Kelly, John Tuccillo

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Overview

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

Product Details

ISBN-13: 9780071458559
Publisher: McGraw-Hill Education
Publication date: 04/21/2004
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 250
File size: 2 MB

About the Author

Tom Kelly (Rolling Bay, WA) writes a nationally syndicated real estate column and is a former real estate editor for the Seattle Times.

John Tuccillo (Arlington, VA) was previously chief economist for the National Association of Realtors and gives more than 50 public speeches a year on real estate topics.

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