Vacation Home

What Does Vacation Home Mean?
A home separate from an individual's primary residence that is used for recreational purposes and may also be rented out at unused times.

Investopedia explains Vacation Home
For tax purposes, those who rent their vacation homes may result in a lower amount of allowable expense deductions.

Related Terms

Condotel
Main Home
Non-Owner Occupied
Personal Property
Personal Use Property
Principal Residence
Property Tax
Staycation
More Related Terms

Related Links

Vacation Home Or Income-Producing Investment? - There is an alternative to letting your cottage sit empty all year, but turning a profit won't be easy.
Tips For Renting A Vacation House - Follow these nine steps to get a picture-perfect summer shack at a great price.
Find The Best Mortgage Rates - Search and compare the best fixed and adjustable mortgage rates in your area with Bankrate.com. Click Here!
Timeshares: Dream Vacation Or Money Pit? - This popular real estate product has its advantages, but don't expect to make a profit.
Top 9 Vacation Destinations For Wall Street Geeks - Indulge your inner geek with one of these financial-themed holiday getaways.
Budget-Friendly Summer Fun - Keep the kids out of your hair and wallet by saving on summer camps, sports leagues, day trips and more.
Retirement Living: Renting Vs. Home Ownership - Here are three simple questions you should consider when weighing this decision.
Save On Planes, Trains And Automobiles - Getting to and around your travel destination doesn't need to break the bank.

Get a new investing term in your inbox each day!

- join our Term of the Day!