Second homes may seem just like primary residences, but when it comes to financing, taxes and expenses, there are some important differences. Before you step into the second home market, you’ll want ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Using your current home to finance the purchase of a second one ...

A second home gives you a place to go when you want to escape the real world. It can also be a source of rental income and extra home equity when needed. Maintenance and upkeep costs will be ...

When Laurel Attanasio and her husband, Josh, from Bethlehem, PA, decided to buy a second home to rent out and eventually retire in, they knew immediately that it had to be in Italy. As a high-end ...

While owning a second home can provide a peaceful retreat and potential rental income, it's crucial to weigh the risks and ...

The average retirement account balance for Americans in their early 50s is about $313,000. If you’re 52 with $2.1 million saved by that point, you may be looking to scale back on retirement plan ...

Key Takeaways The primary benefits of buying property in a tourist destination include potential income and capital gains, as well as quick access to local attractions.The downsides include higher ...

New mortgages for second homes, often thought of as vacation homes, fell to a 6-year low in 2024. High interest rates and home insurance costs are keeping Americans from buying second homes, ...

Let's say you've done (nearly) everything right. You've spent decades working hard, built a nice retirement account, and maximized your Social Security benefits. Now that retirement is near, you want ...