02-13-2018, 03:17 AM
owned as a second house, possibly for their later retirement
Another possibility is the homes are purchased as a long term investment, operated as a vacation rental at a loss to reduce other state and federal income taxes, then later sold at a profit after the price of homes has increased over time.
Recycle Puna. Humans, although probably not you personally, have already left 400,000 pounds of trash on the moon. - YouTube's Half As Interesting
Another possibility is the homes are purchased as a long term investment, operated as a vacation rental at a loss to reduce other state and federal income taxes, then later sold at a profit after the price of homes has increased over time.
Recycle Puna. Humans, although probably not you personally, have already left 400,000 pounds of trash on the moon. - YouTube's Half As Interesting
"I'm at that stage in life where I stay out of discussions. Even if you say 1+1=5, you're right - have fun." - Keanu Reeves