Have you ever taken a vacation and fallen in love with the area so much that you never, ever wanted to leave? Sometimes returning home is the hardest part about vacation. As you pack up your belongings and leave with amazing memories, it’s likely that you’ve considered just leaving reality behind and moving to your idea of paradise. Unfortunately, we can’t escape the real world that easily, but that doesn’t mean you have to say ‘goodbye’ forever. Nowadays, more and more people are taking what might be considered as a leap of faith, and investing in a vacation property.
At Slope Style Realty, we have the privilege of helping people find their dream homes in Park City! We work with buyers who are looking to buy their full-time residence as well as buyers who are looking to invest in a vacation property. With the spectacular scenery and some of the best skiing in the country, Park City is the perfect destination for vacationers and homebuyers!
Are you considering making an investment in Park City real estate? Contact Slope Style Realty today to learn more and get started today!
Vacation Homes In Park City
As many big purchases start out, a decision is made based on emotion and then justified later with logic. Especially when it comes to buying a Park City vacation home. Our team of real estate agents are Park City’s Top Rated Local REALTORS® who have successfully found buyers exactly what they’re looking for in a home. If you’re thinking about buying a vacation home, continue reading for ten reasons why you should consider investing in a vacation property.
Much of the appeal to buying a vacation home is the opportunity to make an additional income, and the opportunity to make an income as you rent out your vacation home is significant.
A Vacation Every Year
Whether your intention is to use the property as a short-term rental or not, you will have the opportunity to enjoy your investment whenever you please! When you and the family feel like hitting the slopes over winter break, you will avoid paying for overpriced hotel rooms and worrying whether their accommodations will be suitable. Instead, you’ll have a comfortable place to retreat after a fun day on the slopes.
Under the new Federal law effective January 1, owners of rental properties who operate it as a business will be able to deduct interest from the mortgage, as well as expenses affiliated to the rental. Should owners choose to operate their property as a rental business, owners can also deduct a percentage of net income from taxes.
Do you have family coming into town that needs a place to stay? Or maybe your primary residence is undergoing some renovations—a second home or a vacation home is incredibly beneficial in these circumstances. Trust us, you’ll find ANY excuse to escape to your Park City vacation home.
When you’re ready to take the plunge and invest in a Park City vacation home, contact the experts at Slope Style Realty! Our team will help you every step of the way to make sure you’re making a smart investment that you will enjoy for years to come!