Follow us!

    Post: Second home vs Investment property

    Posted by wahoobie on 5/28/09

    Hello. My mother is applying to assume the mortgage of a
    house owned by an uncle for 10 years who hasn't been living
    there for the past few years (because he got married and
    moved elsewhere). The only person who lives at this house
    is my aunt RENT-FREE. This house is also less than one mile
    from my mother's primary residence. Can my mother claim the
    other house as a SECOND HOME (not an investment property)?
    We do not plan to rent it out. My aunt will continue to
    live there rent-free.

    Posts on this thread, including this one
  • Second home vs Investment property, 5/28/09, by wahoobie.

  Site Map:  Home Chatboards Legal Jobs Classified Ads Search Contacts Advertise
  © 1996 - 2013. All Rights Reserved. Please review our Terms of Use, Mission Statement, and Privacy Policy.