Comments on: How a Second Home Can Be Your Best Investment: New, Tax-Free Methods for Using a Vacation Home for Recreation, Retirement…AND Investment!

By: QuixoticMan

QuixoticMan — Sat, 03 Apr 2010 17:57:00 +0000

I like this book, but it left me wanting more. The book does a nice job framing a second home as an investment, but the tax advantages are quickly addressed in chapter two w/o a lot of detail. After one read, I get the general idea, but not all of the implications. Also, the trade-offs of depreciation are only touched on vaguely.

However, the book is very readable and uses great antidotal examples (which I found helped me understand the material better). Also, there are lots of references for additional research. This i probably a good introduction into the subject and did leave me with enough information to decide to pursue this idea of a second home a little farther.

Rating: 3 / 5

By: M. Yee

M. Yee — Sat, 03 Apr 2010 16:45:19 +0000

Excellent book for strategies in tax-free investing to achieving my personal goal of living in my dream house. I bought this book with “Buying A Second Home: Income, Gateway or Investment” to better understand the tax benefits of second-home ownership.
Rating: 4 / 5

By: Carolyn Carr

Carolyn Carr — Sat, 03 Apr 2010 14:56:58 +0000

This book provides some excellent information regarding the topic. A must read for those who are considering investment in a second home.
Rating: 5 / 5

By: Sherri L. Snyder

Sherri L. Snyder — Sat, 03 Apr 2010 13:05:40 +0000

Great book! We own second home so I think it will be very helpful with Taxes.
Rating: 5 / 5

By: Anonymous

Anonymous — Sat, 03 Apr 2010 12:27:19 +0000

Tom Kelly and John Tuccillo have hit a GRAND SLAM with simply THE BEST and MOST CURRENT book on buying a second home. The have defined a new concept in real estate: how to make a real estate investment or a second home “portable.” It will certainly become real estate’s “bible for second homes” and is a MUST READ for buyers, investors and real estate sales pros alike. We are about to embark on the greatest transfer of wealth in the history of the world coupled with baby boomers retiring — a recipe for EXPLOSIVE GROWTH in second home purchases. Kelly and Tuccillo show how our tax laws can work to everyone’s advantage and how a real estate investment and change as one’s needs and goals change. No info-mercial here: just easy-to-read and digest facts and examples by two of the real estate industry’s most reputable writers and scholars. If you know anyone in the business or know someone thinking about buying a second home or other real estate investment — buy them this book (and buy yourself one too). There simply is no better way to build wealth in America than through real estate investments.
Rating: 5 / 5