There are a lot of things to consider when buying a second home. For instance, will you use the home exclusively, or will you rent it out for tourist season? Did you know income-tax rules are different for second homes and rental income? Did you know some homeowners’ associations have rules prohibiting rentals?
This leads me to these financial questions you need to be able to answer if you’re considering buying a second home. Continue reading Before Buying A Second Home, Ask These Questions