How a Second Home Can Be Your Best Investment: New, Tax-Free Methods for Using a Vacation Home for Recreation, Retirement...and Investment! (Paperback)

Front cover]

How a Second Home Can Be Your Best Investment

New Tax-Free Methods for Using a Second Home for Recreation, Retirement...AND Investment

Tom Kelly and John Tuccillo

[Spine]

Kelly

Tuccillo

How a Second Home Can Be Your Best Investment

New Tax-Free Methods for Using a Second Home for Recreation, Retirement...AND Investment

[Back cover copy]

Invest in your future with the second home of your dreams

If you've thought of owning a second home--as a vacation property, a place to retire, or just a smart investment--what are you waiting for? If you can own one home, you can own two! "How a Second Home Can Be Your Best Investment offers commonsense guidance and case studies that show ordinary homeowners how to find a second home, finance it, and use it to build long-term wealth.

In this practical, straightforward guide, real estate experts Tom Kelly and John Tuccillo show you how to use the equity in your current home as a down payment on a second home--and how to get other people to pay the mortgage! With a little patience, you'll own a second home that you can live in, sell tax-free, or use as a source of lifelong cash flow. Packed with useful resources, proven strategies, and simple, unbeatable real estate wisdom, you'll have all the tools you need to: Calculate what you can afford Choose a community Find the perfect property Get the best financing Understand and profit from tax laws Manage your second home as a rental, and Live richly off your investment!

Tom Kelly is a nationally syndicated radio host and columnist as well as a former real estate editor for the "Seattle Times.

John Tuccillo is a former chief economist for the NationalAssociation of Realtors. He delivers more than fifty public speeches a year on real estate topics.