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Real Estate: Tom Kelly


Tom Kelly
Tom Kelly
The Real Estate Adviser
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July 2, 2009

The Real Estate Adviser: Tips on renting out your family's cabin

By Tom Kelly
Special to the Journal

Howard Craft is one of four adult children who inherited a lakeside cabin from his parents. Every year, the kids gather for a dinner meeting to decide the dates that each family will use the popular getaway, assign clean-up chores and discuss possible improvements to the aging structure.

For the first time since the parents stopped their summer residency at the lake place, none of the four children could schedule vacation time to take advantage of the family cabin. Two of the siblings had moved out of the area to take different jobs and could not justify the costs to return to the North Cascades for vacation.


 
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