Highlands Vacation Homes Have Tax Benefits

Highlands vacation homes have tax benefits. You can rent your home for 14 days, or fewer, a year and keep every penny. That’s right, renting for a short time, whether two weeks at once or broken up into short stays can give you tax-free income. If you are not using your Highlands NC vacation home this could be a great way to recoup some of the costs associated with running it.

Another tax benefit is when it comes time to sell your Highlands NC home. While your home may be a second home you could consider using it as your full time residence for a two year period before selling it. This would enable you to have a portion of your profit tax-free.

Thinking about taxes may not be driving your decision to buy Highlands NC real estate but it can certainly be helpful information to know. Contact us today to learn more about buying Highlands vacation homes. We keep our fingers on the pulse of the market to keep our clients educated and informed.

About the Author
BERKSHIRE HATHAWAY HOMESERVICES MEADOWS MOUNTAIN REALTY has been serving the Highlands NC and Cashiers NC areas offering exclusive mountain real estate and country club properties since 2003.

We recognize that there are many important aspects to consider in making a real estate choice. With that in mind, we listen closely to the needs and desires of each individual customer and work diligently to find the ideal mountain property or to sell your property as efficiently and effectively as possible. However, our job does not stop there.

Once you have made your real estate decisions, we are here to help you in any way that we can. It will be our pleasure to familiarize you with all aspects of the Highlands and Cashiers communities, including home, professional and personal services as well as activities, restaurants, health care and shopping. We will go the extra mile to ensure that your experience in the mountains exceeds your expectations.

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