Buying A Second Primary Residence -

Lenders categorize homes based on your intent. This affects your interest rate: Must be lived in for part of the year.

Higher rates; intended for 100% rental use. Tax Implications buying a second primary residence

Must be occupied for the majority of the year. Lenders categorize homes based on your intent

If you rent it <14 days/year, income is tax-free. buying a second primary residence