Federal 'move up' tax credit has broad reach Nov 16, 2009
You cannot claim the credit if you are buying a second home or an investment property. -- The IRS is required by Congress to scrutinize claims for credits - both for the $6,500 and the $8,000 - far more closely in the coming months than it did earlier in 2009. (San Francisco Chronicle)
To move would cost little things Jul 11, 2009
Perhaps that old plan should be altogether scraped in favor of a new one that points toward buying a second home on the coast. No idea about how we d swing that, but the wonderful quality with dreams is that they often come true. (Atlanta Journal-Constitution -- Opinion)
Good Time To Buy A Vacation Home Jul 1, 2009
She says a host of market conditions have converged to make buying a second home a smart move right about now ... "Yes, home values are down right now but they have always rebounded. I wouldn't recommend buying a second home with the expectation of flipping it for a quick buck, but if you hang onto it for a while -- and better still, turn it into a vacation rental property -- you'll make a nice profit," Karpinski says. (RealtyTimes)
Couple takes care of houses, maintains homes Feb 26, 2009
There were many options settling in the city or the country or somewhere in between, buying a second home there or throwing it all to the wind and purchasing a Winnebago but each of those options involved complications. We d like to spend the summer in Yellowstone, but we don t want to spend the entire winter in Brownsville, Texas, Kevin Shea said of the mobile home concept. (Belmont Citizen Herald, MA)
