Buying A Second Primary Residence <DIRECT — PICK>

Lenders categorize homes based on your intent. This affects your interest rate: Must be lived in for part of the year.

Hire a local property manager or landscaping service.

Is it for retirement, weekends, or family? buying a second primary residence

If you’re ready to dive deeper into the or need a breakdown of tax benefits for your specific state, let me know!

Higher rates; intended for 100% rental use. Tax Implications Lenders categorize homes based on your intent

Only your main home qualifies for the $250k/$500k exclusion. Strategic Steps to Purchase

📍 The IRS generally allows you to deduct mortgage interest on up to $750,000 of total debt across both homes. let me know! Higher rates

Must be occupied for the majority of the year.