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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ok, let's make one thing clear:  if you rent it out, it's not a "vacation house."  It's an investment.  If you "have a condo in Rehoboth" and "block out a week" for yourself, it's an investment.

Got it?[/quote] I’m the pp. can’t it br both? All homes purchased are considered an investment aren’t they? We go one weekend a month approx year round, few days at Thanksgiving and Christmas. And yes block out a week in August. It’s both. [/quote]

Nope.  It's an investment property that you make personal use of on occasion.  We've been there, and done that.  If you have to have an "owner's closet" and can't leave your personal stuff out in the open and need to empty the fridge before you go, it's an investment property. [/quote]

We have an "investment property" beach house then.   Spent 3 glorious weeks down there this summer.   Also made $90k in rental revenue for the other 10 weeks.  That paid for all expenses of ownership for the year plus a new roof plus a new boat for the kids to use at the beach.  Love those investment properties that we can make personal use of.[/quote]

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