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Investment Real Estate >The Right Time to Buy Are you waiting for "just the right time" to get into the real estate market? The signs indicate that there is no time like the present. Interest rates are still comparatively low and buyers are shopping for new and second homes in great numbers.
Vacation homes are very popular for investment purposes and personal enjoyment. You can use your vacation home as a getaway property now, and by the time you retire you will have paid a significant amount on the loan. If you live in a vacation home for 14 days a year or less, you can take depreciation on it.
Another important benefit is that tax deductions in the form of interest and property taxes help to offset the cost of paying for a second home. If the debt does not exceed $1 million, mortgage interest payments on principal residences and second or vacation homes are fully deductible for tax purposes.
Don't waste valuable time while interest rates creep upwards -- all you need is the right real estate agent to guide you!
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What is considered the world's tallest building?
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The 185-story CN Tower in Toronto, Canada is the world's tallest free-standing building, rising to 1,815 feet. |
 See More Real Estate Trivia > |
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Linda Beam's Dream Team
Home Towne Real Estate
111 East Chesapeake Beach Road
Owings, MD 20736
Office: 301-855-5882
Fax: 301-855-5882
DreamTeam@NUMBER1EXPERT.com
Specializing in investment properties, foreclosures, short sales, rehab loans, 1st time homebuyers, new construction, renovation, remodeling, and home staging.   
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