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2008: Does Owning a Vacation Home Make Sense? by Darrow Kirkpatrick

Optimal Finance Daily - Financial Independence and Money Advice

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Vacation Home Ownership

If you buy a vacation property, there is some possibility that you can defray your expenses by renting it out occasionally. Only about one half of vacation home owners are able to cover even three quarters of their mortgage payments by renting their home. Don't be fooled by statistics about occupancy rates during the season. You'll own your vacation home and pay its costs year round.

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