September 27, 2021
Vacation House Ideas Now That Summer is Over
When the Summer fun comes to an end, that often means locking the doors to your vacation home until the next year. But it doesn’t have to! Vacation homes can be used for so much more, even when the weather isn’t hot and sunny.
The thought of owning a vacation home to only use it during the summer may keep people from investing in one. But we’re here to share with you a few ways to not only get the best bang for your buck but also enjoy a vacation home year-round!
Use a Rental Company
When you’re not using your vacation home, you could be missing an opportunity to leverage rental companies to make a little extra money. People are always looking for a getaway spot no matter what time of year it is, and by putting your house on a site like VRBO or Airbnb you could be making money to put back into your home. Some companies will even handle the cleaning and financial exchanges for you.
While a lot of people search for a vacation spot in the summertime, there are plenty of individuals looking to cozy up with a cup of hot chocolate and spend a week enjoying the winter weather as well. You’d be surprised how frequently your home could be rented out!
Not only does a vacation home provide a relaxing break from the hustle and bustle of life, it also can provide you with a tax break. If you pay a mortgage on the home and use it only for personal enjoyment, you could qualify for a mortgage interest deduction. By claiming it as a second home you can take that deduction to benefit yourself. However, if you do rent it out you must either use the home more than 15 days in the year or 10% of the number of days the home is rented out for. Either way, if you own a vacation home you want to make sure you consider this opportunity.
Bless a Friend
There may be no better way to use a vacation home than to offer it as a gift for a friend. Let’s be honest, a lot of people don’t have the opportunity to get away whenever they want to for a relaxing weekend out of town. Consider whether there is someone you know that would benefit and be blessed by the chance to enjoy your vacation home for the weekend. Especially while you’re not using it anyway.
Giving back to others and using the gifts you have to bless friends and family brings so much joy and satisfaction not only to them but also to you.
In today’s day and time, the possibility of working remotely anywhere outside of the office is now a reality for many people. With so much online, we have the opportunity to get the job done from just about anywhere (assuming there is wifi). If you are able, bring your computer with you and work from the comfort of your vacation home!
What better place to focus than kicking your feet up at your favorite beach or lake house. Not only is working from a vacation home more restful, I guarantee you will be more productive as well. Can you imagine waking up and not having to worry about traffic or picking out your suit and tie? I can hear the waves now!
So don’t let the stress of winter keep you from investing in a vacation home. As you can see, there are plenty of ways to make the most out of it and truly enjoy its full potential! If we can help you with your home needs, vacation or not, give us a call today.