Sale-Leaseback
by Lew Sichelman on October 15, 2010A few years away from retirement but still not quite ready to pull the trigger and buy a place in paradise? Maybe you're eager to buy but not interested in moving just yet? Then you might want to take advantage of a little-known opportunity to buy now and occupy later. It's not common knowledge, but builders in many amenity-laden destination properties are willing to sell their model homes and lease them back from their buyers for anywhere from a few months to ...
Vacation Home Taxes
by Lew Sichelman on October 15, 2010Uncle Sam offers taxpayers plenty of ways to reduce the cost of owning a beach front house at the shore or a cabin in the woods. Here is a basic primer on the tax aspects of vacation home ownership. While it is intended solely for information purposes, it will give you a good idea of what's deductible and what's not. For more detailed information, be sure to consult professional tax counsel.
Making (Some) Sense of Club Memberships
by Lew Sichelman on October 15, 2010In the world of fractional real estate ownership, nothing could be more, err, fractured. There are so many forms of ownership that it's extremely difficult for potential purchasers to get their arms around what they are actually buying - not to mention the advantages and disadvantages each one has to offer.
