If you’re pining for a home away from home, you’re not alone. There are 7.5 million second homes, according to 2018 estimates from the National Association of Home Builders, with a majority in Florida, California, New York, Texas, Michigan, North Carolina, Arizona, Pennsylvania and Wisconsin.
Before you join the club, prepare for long-term responsibilities. From taxes to renting it out, here we break down some important real-life considerations for dream-life vacation homes.
Follow the link to read more on *Vacation-Home Shopping: THINGS TO CONSIDER.
Copy this link to go directly to Bankrate.com if the above link does not work: https://www.bankrate.com/mortgages/things-to-know-before-you-buy-a-second-home/#
*Source: Bankrate.com