Issues to Consider When Buying a Vacation Rental Property

0
588
Buying a vacation home as an investment property can be very different from investing in a typical rental property. So is it the right choice for you? For starters, a vacation rental is normally leased by multiple renters over the course of a year, whereas a typical rental home might only be leased once annually. But handling multiple renters isn’t the only challenge involved in owning a vacation rental property. You also need to remember that, as an investment, a vacation home can’t be owner-occupied for much of the year, or else it can qualify as a second home for tax purposes. Watch this episode of Big Money Real Estate for Ilyce’s run down on all the considerations involved in owning a vacation property as an investment. And check out Ilyce’s Intentional Investor Series to learn everything you need to know to become a successful investor in real estate. Looking for more of Ilyce’s real estate and personal finance tips? Read her blog, see her tweets and follow her on Facebook.
Previous articleCan Couples Run a Business? Sneak Preview
Next articleHow to Solve Any Problem
CEO of Cardone Enterprises, Cardone Capital, international speaker, entrepreneur, and author of The 10X Rule & creator of 21 bestselling business programs, Grant Cardone owns & operates seven privately held companies and a $5.2 billion portfolio of multifamily properties. Named the #1 marketer by Forbes Magazine, Cardone is also the founder of The 10X Movement & The 10X Growth Conference, the world’s largest business & entrepreneur conference.

LEAVE A REPLY

Please enter your comment!
Please enter your name here