Temple Hills, Maryland (PressExposure) August 26, 2009 -- One of the most interesting and enjoyable ways to try your hand at real estate investment & listings in Virginia, Washington, Maryland are through the ownership of vacation property you can use for your own holidays, or to generate income as rental property. If you have been looking for a way to acquire a getaway for yourself and your family, but need to find a way to justify the expense, then a real estate venture involving vacation property may be ideal.
Letâs say you want to buy a mountain house, to go during the hot summers in order to escape the brutal humidity and high temperatures. You can find a mountainside cottage, use it for your family summer vacations, and then rent it out to others the rest of the year. Best of all, when you rent it to others as a real estate investment, you qualify for business tax deductions for such things as routine upkeep. Even visits to the property to check on it can be considered business expenses, so you might be able to kill two birds with one stone, by traveling to your vacation property on business, and then sticking around for a personal vacation with some enviable tax advantages.
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