Reasons to own a Big Bear Cabin
Besides the reasons we listed below, Big Bear has an additional perk. If you own real estate in Big Bear you can not only buy an investment property that you can enjoy for your own personal trips to Big Bear Lake or Snow Summit, but you can also make some money to offset the costs, when you are not using it. By using a Big Bear Vacation Rental Management company your house will be watched over, marketed, maintained and rented for you when you can't come to play in Big Bear yourself.
1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, and some of the costs involved in buying your home.
2. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.
3. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.
4. Predictability. Unlike rent, your mortgage payments don’t go up over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will rise.
5. Freedom. The home is yours. You can decorate any way you want and be able to benefit from your investment for as long as you own the home.
6. Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.
1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, and some of the costs involved in buying your home.
2. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.
3. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.
4. Predictability. Unlike rent, your mortgage payments don’t go up over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will rise.
5. Freedom. The home is yours. You can decorate any way you want and be able to benefit from your investment for as long as you own the home.
6. Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.
Keller Williams
Big Bear Cabins - Lake Arrowhead Real Estate
Becki Wheeler - Big Bear Lake Realtor - CA DRE #01347218
42149 Big Bear Blvd . Big Bear Lake CA 92315 (909) 547-4016
beckibigbear@gmail.com
Copyright © 2012
BangTag.com Website Marketing & Design
Big Bear Cabins - Lake Arrowhead Real Estate
Becki Wheeler - Big Bear Lake Realtor - CA DRE #01347218
42149 Big Bear Blvd . Big Bear Lake CA 92315 (909) 547-4016
beckibigbear@gmail.com
Copyright © 2012
BangTag.com Website Marketing & Design