Residence: Buying A Second Primary

Hire a local property manager or landscaping service.

📍 The IRS generally allows you to deduct mortgage interest on up to $750,000 of total debt across both homes. buying a second primary residence

Is it for retirement, weekends, or family? Hire a local property manager or landscaping service

They know specific market risks (e.g., flood zones). Managing Two Homes Security: Install smart cameras and remote-access locks. buying a second primary residence

Higher rates; intended for 100% rental use. Tax Implications

Prove you can cover both mortgages for 6 months. Mortgage Classifications

Must be occupied for the majority of the year.