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Real Estate
The Real Estate Adviser |
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March 20, 2008
The Real Estate Adviser: When is a storage unit a second home?
By TOM KELLY
The idea wasn't exactly an accident, but it was not at the tip of the to-do list either. In the end, it resulted in a “second home” gathering place in close proximity to home itself, especially for casual collectors and automobile enthusiasts.
Several years ago, when Cyndie Johnson and her late husband were planning a residential community near Coeur d'Alene, Idaho, the couple needed to purchase an additional piece of property to provide an another access easement for the development.
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Previous columns:
- The Real Estate Adviser: Reverse mortgage may be option to foreclosure, 03-06-2008
- The Real Estate Adviser: IRS allows personal use in tax-deferred exchanges, 02-28-2008
- The Real Estate Adviser: Should you pay off second-home loan?, 02-21-2008
- The Real Estate Adviser: Union members may get help on mortgage, 02-14-2008
- The Real Estate Editor: Military families may get mortgage help if they ask, 02-07-2008
- The Real Estate Adviser: List the home fixtures that you want to keep, 01-31-2008
- The Real Estate Adviser: Real estate IRAs give you checkbook control, 01-24-2008
- The Real Estate Adviser: Tap home equity without payments, 01-17-2008