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Reply to "Wealthy friends spamming their beachfront vacation home rentals on Facebook - beyond tacky, right?"
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[quote=Anonymous][quote=Anonymous]More importantly, why do people buy beach houses if they have to go through all of this nonsense? They’re just buying themselves a part-time job. I wouldn’t buy a second house unless I could pay for it in cash (without it impacting my savings in any meaningful way) and leave it vacant whenever I’m not using it.[/quote] because we enjoy the beach and when we sold my wife’s house we wanted to avoid paying capital gains tax. If we rolled it into a new invested we avoided the tax. And gives us a place to go with our dogs, which can be hard to do. [/quote]
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