Investment Property or Vacation Home? Which One is Right for You

So, you’re thinking about finally investing in that beach house up for sale in your favorite resort town. But will it be your vacation home? Or will you use it as a rental property? Maybe you’re planning on doing a little of both. Either way, purchasing a property can always be seen as a good long-term investment, whether you plan on generating rental income or not. However, mortgage lenders and the IRS [...]