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#15 |
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Senior Member
Join Date: Sep 2010
Location: Moultonborough
Posts: 70
Thanks: 17
Thanked 35 Times in 19 Posts
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JasonG, the answer to your question is "no". On a cash flow basis, you'll put in more money than you get over the long term. Tax benefits may help but not much. The prime rental season is just too short. You'll only be able to build equity from market value increases over time (if any). Lake houses of all sizes are generally not good business investments.
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