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Why a Vacation Home is the Solution to City Life Pressures

By Rodger Ciliberto Subscribe to RSS | May 23rd 2012 | Views:
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We’re all aware of the saying, ““No one on his deathbed ever said, ‘I wish I had spent more time on my business.’” Life is too short to focus on the negative. Unfortunately, it’s difficult to find a place to do exactly that.

Texas is one of the best places to have a vacation home, with its 500 state parks. If you’re still sitting on the fence on about buying a vacation home, here are tips to help you out:

Vacation Homes Have Never Been More Affordable.

The real estate market is in a tepid state right now, including the market for vacation homes. Today, vacation homes are sold for lower interest rates than residential homes. You can also easily negotiate with realtors who’ll be more than happy to make a sale at reasonable prices.

Vacation Homes Can Get You Tax Breaks.

If you have your vacation home rented out for 14 days or less in a year, you can get a tax break. You still have to include it when you file your tax return, but you’re allowed to deduct expenses, such as insurance, utilities, and even property management fees. The amount you deduct from rental expenses also depends on how much time you spent in the vacation home.

Vacation Homes Are a Good Investment.

The value of real estate increases over time, so any home, whether it’s residential, ranch, or vacation, is generally a good investment. You can check the National Association of Realtors website of the average annual gain for Texas ranch homes or vacation homes. In any case, a house is still a safer investment compared to stocks.

Vacation Homes Can Help You Make a Profit.

It’s a wise decision to have vacation homes rented out. The rent profits will help in paying for mortgage, insurance premiums, and maintenance costs. There’s a big demand for properties for prime locations like Hill Country vacation homes, and possible renters may even go into bidding wars just to win a spot.

Once you consider these things, you’ll have an easier time deciding whether to buy a vacation home or not. Remember, Hill Country vacation homes also provide a great way to get that much-needed respite and spend quality time loved ones, so it’s definitely a win-win. For more information, visit resortlife.blogs.realtor.org/2010/08/10/6-reasons-to-buy-a-vacation-home-now/.

Rodger Ciliberto - About Author:
For more details, search Hill Country vacation homes, Hill Country vacation homes, and Texas ranch homes in Google for related information.

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