There are many things that can ruin a retirement plan. Bad returns are usually not one of them, but having a second home can be. Before you even consider purchasing a second home, make sure that you ...

Many people purchase second homes without fully understanding the tax consequences. Second home ownership has some tax benefits, but it also carries potential tax traps that can be very expensive.

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A second mortgage is a loan against a home that also has an existing first mortgage. In a home foreclosure sale, the first mortgage lender gets repaid before the second mortgage lender. Applying for a ...