Posts with tag Vacation home

Whether you're the type who likes to hit the slopes or whether you prefer to dodge winter's cold in the tropics, this is the time of year when thoughts turn to vacation homes. Even as the real-estate market has stalled, the market for second homes is as strong as it has been in the past couple of years, with prices down... Continue Reading »

If Brad Pitt and Angelina Jolie wanted to get into the business of bottling their own red wine, northern Italy's Valpolicella, where they reportedly just purchased an 18,000 square-foot villa for $40 million, is the place to do it. Not far from Verona, Valpolicella is not just a a gorgeous countryside famous for its... Continue Reading »

Fashion mogul Calvin Klein isn't known for skimping on anything -- except for some underwear designs -- so it came as a surprise that he just downsized plans for his soon-to-be-built Hamptons beach house. He isn't alone in wanting a more humble vacation retreat. While we already know about the great shrinking... Continue Reading »

Lori McRae, a resident of Olympia, Wash., owns two vacation homes in the Lake Cushman area of the Olympic Peninsula. She and her family use one just for themselves, but the other property they use mainly as a rental. Along the way, she said, she's learned one thing about life as a vacation rental landlord: "Watch out for... Continue Reading »

If you live in the state of Florida, you pay taxes on your home according to a dual-class tax system. There's one type of tax system for those who live in Florida as their primary residence and another for those who live there part-time or own vacation property. And it's a good thing, too: Considering the rocky Florida... Continue Reading »

If you're a real estate agent with fabulously wealthy clients, the next time you have a potential buyer traipsing through a home don't blather on about the flowing square footage of the place. They don't care. Or not that much, anyway. That's right: despite all we hear about the super-sized palaces of corporate honchos... Continue Reading »

Imagine plunking down $195,000 for a six-week rental only to find it was a dump? That's what happened to New York real estate executive Keith Rubenstein when he rented what he thought was a luxury Southampton beach house on New York's Long Island last summer for six weeks. Or so he alleges. The oceanfront estate turned out... Continue Reading »

For Rachel L., the executive editor of Busy Mommy Media online magazine, the only to see the world with kids is to rent. A mother of three, Rachel, her husband and children, ages 2, 4 and 6, have spent the past six months traveling across Utah, Nevada and California, renting off-season vacation shares and foreclosed homes... Continue Reading »

World-class sporting events like the Winter Olympic Games (currently underway in Vancouver, in case you've been asleep for the last week) and this summer's FIFA World Cup in South Africa, can turn destination homeowners into short-term landlords. However, it's not quite as easy as hanging out a For Rent sign and waiting... Continue Reading »

The real estate slopes, that is. Ford's former estate has been reduced by almost $2 million for quick sale. The LOADED, 11,629 square foot home at 65 Elk Track Court in Beaver Creek, Colorado is ski in/ski out and fresh from a presidential make-over, but current market conditions have forced the owner, Californian Kevin... Continue Reading »

Pay attention! Did you miss this week's top posts on RentedSpaces? Shame on you. - The scene of the crime: Tiger Woods' new mansion (left) and why we think it may have been the root cause of his accident. - A $20 dinner party challenge - yes, really. - "Prime renters" are moving in with mama because of the economy.... Continue Reading »

What recession?! Somebody had enough cash flow to donate a ski house to be auctioned off for charity. And not just for a week - forever! Believe it or not, The Vail Academy is raffling off a $1.3 million ski home plus $450,000 in cash to help raise money for the school. The school must have some high-profile friends -... Continue Reading »