Why buy a retirement home when you’re working?

Deciding to buy a retirement home while you are still working is a decision that is based on a long term projection of your future income and plans. Here are some of the reasons to buy your final retirement home now.
1. You will more easily be able to qualify for the loan while you have a steady income
2. You can enjoy the home as a vacation home
3. You can vacation rent the home and get a tax deduction and income while you are not using it. Financing the home as a second home and not an investment property has potential financing and tax advantages
4. Interest rates are at an all time low
5. Good development locations are being purchased as our population grows so there are more opportunities now before the baby boomers retire
6. Building costs: materials, labor and permits are increasing not decreasing
7. You are tired of the stock market
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This Post Has 3 Comments

  1. Hello! Would you mind if I share your blog with my facebook group?
    There’s a lot of people that I think would really appreciate your content.
    Please let me know. Many thanks

    1. Absolutely! I have lots more info on that when you are ready. Gems like Prop 60 and 90 where you can transfer your property tax basis, how a continental breakfast in your vacation rental can pay you $9000 a year, how to have fun while you are managing your money, multi family residences and vacations. After all as we get older shouldn’t it be fun!

  2. Hey! Do you know if they make any plugins to assist with SEO?
    I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains.
    If you know of any please share. Cheers!

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