Holiday homes

Holiday homes

“If you want to make money, go where the money is.” – Joseph P. Kennedy

Having a holiday home may be a wonderful dream but think it through before you act. If you don’t rent it out, you won’t be able to claim the interest and other costs as a tax deduction but if you do rent it out, it probably won’t be available when you need it. In most cases, you are better to invest your money elsewhere and rent accommodation where and when you need it.

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