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Real Estate
Reply to "Anybody bought a second home in SC/GA?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have a house in a SC beach area that is used about 8-10 weeks per year. We do not rent it. We have no mortgage but total costs with insurance (about $17,000), property taxes, utilities, maintenance, etc come to about $40-45,000 per year for a house that is on the smaller side for the area.[/quote] Unless your taxes are over $20,000, that doesn't sound right. I don't spend remotely that much on our house here in DC. How can you possibly spend that much on house that is used a quarter of the year?[/quote] DP but it costs a lot more to maintain a house you’re not at all the time, because you have to hire someone. And idk if that PP is oceanfront, but everything at the beach wears out and needs replacing earlier. EVERYTHING. [/quote]
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