Are you waiting for "just the right time" to get into the real estate market? The signs indicate that there is no time like the present. Interest rates are still comparatively low and buyers are shopping for new and second homes in great numbers.

Vacation homes are very popular for investment purposes and personal enjoyment. You can use your vacation home as a getaway property now, and by the time you retire you will have paid a significant amount on the loan. If you live in a vacation home for 14 days a year or less, you can take depreciation on it.

Another important benefit is that tax deductions in the form of interest and property taxes help to offset the cost of paying for a second home. If the debt does not exceed $1 million, mortgage interest payments on principal residences and second or vacation homes are fully deductible for tax purposes.

Don't waste valuable time while interest rates creep upwards -- all you need is the right real estate agent to guide you!

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The Di Lewis Team
Realty One Group
9089 S. Pecos Rd, Suite 3400
Henderson, NV 89074
Phone: 702-566-5827
Fax: 702 946 5082
Cell: 702 824 2188
Email: di@dilewis.com

Di & Mike work as a team specializing in High Rise condominiums, resort property, new homes, luxury real estate and investment property. . Real Estate designations held include: GRI (Graduate of the Real Estate Institute) ABR (Accredited Buyers Representative) e-PRO (Certified Internet specialist). Mike was born in New York and holds a BBA from Adelphi University and is is a former New York CPA. Mike is the team manager and brings a wealth of financial management and administrative experience to the team and is a certified Foreclosure and Short Sales Specialist. He specializes in investment property and commercial real estate and is a CCIM candidate.

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