---
title: Thinking of Buying a Vacation Home? Keep These Rules in Mind
description: If you're thinking about purchasing a vacation home, here are a few things to keep in mind.
authors:
  - name: tomvollkommer
    url: https://money.com/author/tomvollkommer/
    at_money_since: 2015
    articles: 18
    covers:
      - Housing
      - Business
      - Career Advice
      - Education
      - Insurance
      - Investing
      - Lifestyle
      - Loans
      - Retirement
    former_staff: true
published: '2016-05-25T19:16:44.000Z'
modified: '2016-05-25T19:16:44.000Z'
section: Housing
tags:
  - buying a home
  - renting
  - vacation home
  - video
word_count: 89
canonical: https://money.com/rules-buying-a-vacation-home/
type: Article
source: structured-blocks
---

> **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![Screen Shot 2016-05-25 at 10.35.43 AM](https://img.money.com/2016/05/screen-shot-2016-05-25-at-10-35-43-am.png)

If you're thinking about purchasing a vacation home, there are a few important things to consider before you take the plunge. For example, will you rent it when you're not using it? If so, how many days a year? Be realistic about the income you can expect to derive and your costs to maintain the property. Renting has tax implications too, so be sure to consult a tax expert before signing on the dotted line. Watch the video for more second-home-buying tips from real estate expert Ilyce Glink.

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "@id": "https://money.com/rules-buying-a-vacation-home/#breadcrumb",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://money.com"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Housing",
          "item": "https://money.com/housing/"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Home Buying",
          "item": "https://money.com/home-buying/"
        },
        {
          "@type": "ListItem",
          "position": 4,
          "name": "Thinking of Buying a Vacation Home? Keep These Rules in Mind"
        }
      ]
    },
    {
      "@type": "WebSite",
      "@id": "https://money.com/#website",
      "url": "https://money.com",
      "name": "Money",
      "publisher": {
        "@id": "https://money.com/#organization"
      }
    },
    {
      "@type": "WebPage",
      "@id": "https://money.com/rules-buying-a-vacation-home/#webpage",
      "url": "https://money.com/rules-buying-a-vacation-home/",
      "name": "Thinking of Buying a Vacation Home? Keep These Rules in Mind",
      "isPartOf": {
        "@id": "https://money.com/#website"
      },
      "datePublished": "2016-05-25T19:16:44.000Z",
      "mainEntity": {
        "@id": "https://money.com/rules-buying-a-vacation-home/"
      },
      "inLanguage": "en-US",
      "breadcrumb": {
        "@id": "https://money.com/rules-buying-a-vacation-home/#breadcrumb"
      },
      "dateModified": "2016-05-25T19:16:44.000Z"
    },
    {
      "@type": "Article",
      "headline": "Thinking of Buying a Vacation Home? Keep These Rules in Mind",
      "articleSection": "Housing",
      "image": [
        {
          "@type": "ImageObject",
          "url": "https://img.money.com/2016/05/screen-shot-2016-05-25-at-10-35-43-am.png",
          "width": 2560,
          "height": 1440,
          "caption": "Screen Shot 2016-05-25 at 10.35.43 AM"
        }
      ],
      "author": [
        {
          "@type": "Person",
          "name": "tomvollkommer",
          "url": "https://money.com/author/tomvollkommer/",
          "@id": "https://money.com/author/tomvollkommer/#author"
        }
      ],
      "publisher": "https://money.com/#organization",
      "datePublished": "2016-05-25T19:16:44.000Z",
      "description": "If you're thinking about purchasing a vacation home, here are a few things to keep in mind.",
      "abstract": "If you're thinking about purchasing a vacation home, here are a few things to keep in mind.",
      "@id": "https://money.com/rules-buying-a-vacation-home/",
      "inLanguage": "en-US",
      "dateModified": "2016-05-25T19:16:44.000Z",
      "wordCount": 89,
      "keywords": [
        "buying a home",
        "renting",
        "vacation home",
        "video"
      ],
      "about": [
        {
          "@type": "Thing",
          "name": "Housing in the United States",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Housing_in_the_United_States"
          ]
        },
        {
          "@type": "Thing",
          "name": "Real estate",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Real_estate"
          ]
        }
      ]
    }
  ]
}
```