Listings in Vacation & Second Homes

Vacation | Second Homes

Vacation & second homes are a great way for seniors to enjoy much of their time away from their main home and get away on an extended vacation. Owning a vacation or second home has several lifestyle and financial advantages – savvy seniors are realizing this and investing in them all over the country.

Owning a second home or vacation home may not be as costly as you expect. Many seniors who purchase second homes are able to rent them out during the months they are not there in order to subsidize the costs.

Tax Advantages of a Vacation or Second Home

The tax advantages you receive depend on how many days you personally use the home versus how many days it’s rented out. If you use the home less than 21 days for personal use the IRS considers it a rental property. If you own a vacation home and rent it for less than two weeks you get a tax break because you are not required to report the rental income; it becomes essentially tax free income.

If your second home is classified as a residence, but you end up renting it for more than two weeks you have to report the income, but you’ll get allowable tax deductions. Deductions can include:

Mortgage interest
Maintenance
General upkeep
Utilities
Real estate taxes
Insurance
Depreciation
Miscellaneous expenses

Lifestyle Advantages of a Vacation or Second Home

The lifestyle advantages of a vacation home give you the freedom to move whenever you want to. Most seniors choose to move to their second home to escape harsh winters. Whether it’s a beach side bungalow or a lake side home, you can enjoy a change of environment.

Having your own vacation spot to get away to and spend time with family and friends has great advantages and an obvious appeal. When selecting the perfect vacation or second home, be sure you go into the deal knowing all the ramifications, and whether leasing or buying is right for you. Know your limits and don’t get into a big rush.

Riverwalk Active Adult Community Over 55 Branford CT

in Summer Homes, Senior Independent Living Apartments and Communiti, Find 55+ Brokers, Find 55+ Agents, Find 55 Builders, Connecticut, Branford Skilled Nursing Facilities (Connecticut), New Homes in 55 Plus Communities, 55+ Luxury Homes, 55 Plus Custom Retirement Homes

Each custom built home shares 60 acres of land which are surrounded by hiking trails, and rivers to kayak on. Walk to the Public bus, close to theaters and train. Branford CT offers a sandy beach and many yacht clubs and more.

Lot 37 Riverwalk
Branford, Connecticut 06405
US

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Meriatge Homes at Province, Arizona Active Adult Community

in Retirement Desert Communities, Quick Delivery Homes, Master Planned Retirement Subdivisions, Senior Independent Living Apartments and Communiti, Desert Retirement Homes, Arizona Senior Centers, All Arizona, Age-Restricted Retirement Communities, Affordable Retirement Communities, 55 Plus Resorts, New Homes in 55 Plus Communities, 55+ Friendly Homes, 55+ Condos, 55 Plus Townhomes

Province, a Meritage Homes Active Adult community in Maricopa AZ, is a nestled away oasis that can make you forget that you are in the deserts of Arizona. With over 50 acres of lakes and 125 acres of plush green belt areas.

20930 N Province Parkway
Maricopa, Arizona 85138
US

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Dream Home - Residential Developed Lot Jasper GA

in Vacation Resorts, Mountain Retirement Homes, Master Planned Communities, Golf Course 55+ Retirement Communities, Gated Communities, Find 55+ Brokers, Affordable Retirement Communities, 55 Plus Resorts

The unique property sits on a quiet street. The developed lot offers to opportunity to build your dream home high up to enjoy some views. Offered price only $150,000. Submit your offer today to 678-471-9700

4156 Woodland Trace
Jasper, Georgia 30143
US

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The Village at Motts Landing - Wilmington NC

in Winter Retirement Homes, Wilmington, Vacation Resorts, Vacation Home 55+ Communities, Summer Homes, Small Town Living, Retirement Beach Resorts, Find 55 Builders, Custom Home Communities, Beach Retirement Homes, 55+ New Homes for Sale, New Homes in 55 Plus Communities

The Village at Mott's Landing will feature 90 new homes, pool and clubhouse, tennis court, and above all - a peaceful setting. The location is set perfectly within Wilmington NC, so that all the conveniences are near by.

PO Box 4232
Wilmington, North Carolina 28406
US

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The Manor-Luxury Senior Apartments-Charlotte, NC

in Pineville Senior Apartments Communities (NC), Winter Retirement Homes, Senior Independent Living Apartments and Communiti, Charlotte Senior Housing Communities, Age-Restricted Retirement Communities, Affordable Retirement Communities, 55+ Luxury Homes

At The Manor, you’ll find all the amenities you will need, and choose to pay for only those you want—as you need them. Here you’ll live among interesting, like-minded friends on a lively campus and in a place you’ll be proud to call your own.

12920 Dorman Road
Pineville, North Carolina 28134
US

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Elkhorn Ridge Golf Estates SD

in Summer Homes, Small Town Living, Retirement Mountain Communities, Mountain Retirement Homes, Master Planned Retirement Subdivisions, Golf Course 55+ Retirement Communities, All South Dakota Retirement Communities, Affordable Retirement Communities, 55 Plus Golf Homes, 55 Plus Custom Retirement Homes

Located in the beautiful Black Hills of South Dakota, the Elkhorn Ridge Golf Estates are part of a new master-planned community offering golf course luxury living in an ideal environment for active retirees.

6845 St. Onge Rd
Spearfish, SD 57783
US

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Apple Island Resort - South Hero, VT

in Vacation Resorts, Vacation Home 55+ Communities, Summer Homes, Champlain Valley Retirement Community (VT)

Apple Island Resort, Vermont's finest destination RV resort located directly on Lake Champlain, features an exec. golf course, marina with boat rentals, general store, heated pool, hot tub, community center & fitness room. Cottage sales & rentals.

71 US Route 2, P.O. Box 183
South Hero, Vermont 05486
US

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Austin 55 Realty Team Specializing in Austin Retirement Living

in Vacation Home 55+ Communities, Seniors Real Estate Specialist, Senior Housing Consultants, New Homes in 55 Plus Communities, Find 55+ Agents, 55+ Luxury Homes, 55+ Friendly Homes, 55 Plus Golf Homes, 55 Plus Custom Retirement Homes

Real Estate experts in Austin retirement living. The sun shines 300+ days a year and our winters only last a couple of weeks. We specialize in retirement and relocation and serve as a great resource as you examine your Central Texas living options.

Realty Austin
1209 West 5th Street #300
Austin, Texas 78703
US

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