A vacation home is a property that people buy for weekend retreats or other vacations. Vacation homes are either rented out when not used by the owner or left vacant. In some cases vacation homes may also be investment properties. Learn about what to consider when buying a vacation home or passing it on as an inheritance.
Travel Tips From The Clark Howard Show
San Juan $293 RT Continental no restrictions Grand Cayman $191 RT United today through Nov. 15th Punta Cana in the Dominican Republic $248 RT Delta ...
2nd Home Crazy
Today, the National Association of Realtors (NAR) announced that 40 percent of all existing homes sold in 2005 were either second/vacation homes or in...
Back From Vacation – On The Show This Morning – Apr. 2, 2006
I'm back from Amelia Island Plantation, where we enjoyed the beautiful beach and pretty warm, sunny weather. The best part of the trip: The $140 r/t p...
Second Home Buyers Tend To Be Baby Boomers
Baby Boomers, those Americans born between 1946 and 1964, are hitting their prime second home-buying years. A recent study from the National Association of Realtors confirms that the most popular ages to buy second homes are from ages 55 to 65, followed by 45 to 55. Even if the second home market slows a bit, the numbers are still impressive: 78.2 million Baby Boomers who have an estimated $2 trillion in disposable income, according to the 2004 U.S. Census, and are set to inherit trillions more.
Avoid Fraud With Electronic Passport
Several years ago the federal government started issuing electronic passports, which contain a microchip to help prevent identity theft and scams. When you're traveling to your vacation home or your second home outside of the U.S. you may need to carry an electronic passport. Electronic passports are also supposed to reduce fraud.
How To Avoid The Passport Rush Of Summer
If you wait until summer to apply for a passport you may face a lot of competition and it may take longer for the government to process your passport application. It's best to apply for a passport as soon as you know that you have a trip coming up. Or you can also apply for a passport when you aren't in a rush, when you don't have any travel planned in the near future.
Homeowners Insurance For Second Homes
Is your second home safe and secure? Vacation home ownership comes with a unique set of home security and homeowner's insurance issues. What should you look for in a homeowner's insurance policy for a second home or a vacation home?
Real Estate Books Help With Taxes And Building
When you're investing in real estate, it helps to be knowledgeable about the taxes you'll pay when your buying and selling real estate. Reading these two real estate books, Every Landlord's Tax Deduction Guide and The House That Jill Built: A Woman's Guide to Home Building, can help you learn about taxes and building a dream home.
Vacation Home Rental Property: Become A Vacation Home Owner And Landlord
Owning vacation home rental property can actually earn you an income as home owner and landlord. Ilyce's column discusses Christine Karpinski, a vacation home owner and landlord who uses her vacation home as rental property. It can be time consuming, but vacation home owner and landlord Karpinski says vacation home rental property can make a meaningful income.