Tag: particulars

A Vacation Home: What Is It? Apart from the owner's primary property, a vacation home serves as a secondary housing that is mostly utilized for leisure activities such as holidays or vacations. Often located apart from the owner's principal abode, a vacation home is often referred to as a recreational or secondary property or dwelling. Since vacation houses are only utilized sometimes throughout the year, many owners choose to rent out their properties during this period. Read More: Navarro Isle Las Olas Recognizing Vacation Rentals Usually for income tax reasons, property is split up into many groups. A homeowner's major or primary residence is the building in which they dwell. This asset may be a trailer, house, apartment, or condominium. A homeowner, whether they are a sin...