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.

It’s fun to dream about buying a second home where one can go on vacation and get away from the daily grind of life. The great thing about a second home is that one can even pay for the upkeep by ...

Mortgage-rate locks on second-home mortgages fell 13.1% from last year in August The demand for second-home mortgages has fallen to an eight-year low, plagued by higher home prices, interest rates, ...