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What’s the difference between a second home and an investment property?

What’s the difference between a second home and an investment property?

Having a second home to travel out to for vacations is a luxury that many of us work hard to attain. However, if you decide to rent out your second home during the parts of the year when you aren’t there, can you still call it a second home? The differences between the terms “second […]

The post What’s the difference between a second home and an investment property? appeared first on Vancouver Property Management | Real Estate | Zenith Properties NW, LLC..

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What’s the difference between a second home and an investment property?
What’s the difference between a second home and an investment property?
What’s the difference between a second home and an investment property?
What’s the difference between a second home and an investment property?
zenithpro zenithpro | 2 years ago
Having a second home to travel out to for vacations is a luxury that many of us work hard to attain. However, if you decide to rent out your second home during the parts of the year when you aren’t there, can you still call it a second home? The differences between the terms “second […] The post What’s the difference between a second home and an investment property? appeared first on Vancouver Property Management | Real Estate | Zenith Properties NW, LLC..
Having a second home to travel out to for vacations is a luxury that many of us work hard to attain. However, if you decide to rent out your second home during the parts of the year when you aren’t there, can you still call it a second home? The differences between the terms “second […] The post What’s the difference between a second home and an investment property? appeared first on Vancouver Property Management | Real Estate | Zenith Properties NW, LLC..
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Pursuing a real estate investment can be an exciting venture, even if this isn’t your first time going through the paces. But if you intend to get a mortgage, you’ll need to decide exactly how you’ll use the home — as a personal vacation spot or to generate income from rentals. Second homes and investment properties each have their own home loan and tax requirements. So, here’s what you should know if you’re trying to decide which property type may be best for your goals. What is c...
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