Purchasing a Second Home (The Sunderland Group Inc.)

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Purchasing a Second Home

Second HOme (18 KB)

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In light of the number of second homes being purchased, we thought this would be a good time to revisit the tax ramifications of owning that second home.

Tax and Business Alert: May2008
In this month's issue of Tax and Business Alert you'll read about: Business Benefits of the Stimulus Act, Planning for the "0%" Capital Gains
Rate, Use Your Vacation Home for Retirement Savings, Swapping Bonds to
Claim Losses, Claiming Head of Household Status in Divorce Situations.

Tax and Business Alert: April 2008
This month's issue contains articles on: The Rebate Check Is in
the Mail, Tax Calendar, When to Buy Those Airline Tickets, IRS Warns of Telephone Scam Related to Rebates, Paying for College:Recent Legislation

Tax and Business Alert: March 2008
The March 2008 issue includes: New Tax Legislation Includes "AMT Patch",National Taxpayer Advocate Report, IRS Approves New Medical Deductions, Exchange Traded Fund (ETF) Information, and Term or Whole Life Insurance: Which Is Best?

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Purchasing a Second Home