What Retirees Should Know Before Buying a Vacation Home

    | January 22, 2020

     

    Taxes, maintenance costs, insurance, and potentially rental-management expenses are among the factors that can make the difference between a peaceful passive investment and a problematic money pit.

    While many retirees have considered purchasing a vacation home to escape cold winters, to rent out for income, or simply have a gathering place for far-flung family members, there are a number of financial matters to consider that could make ownership onerous.

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