Explore the important factors to consider when deciding whether to rent or buy a second residence in retirement. Explore the benefits and drawbacks of each option and gain insights to help make an informed decision that aligns with your lifestyle and financial objectives.
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Explore the ins and outs of 'snow-birding' as we examine the pros and cons of short-term versus long-term rentals. Discover essential considerations for managing two residences in retirement!
Featured in this episode:
- The pros and cons of short-term vs. long-term rentals
- Key considerations for owning a second residence
- What are the advantages of homeownership?
- Why is domicile an important consideration?
- Steps to establish a change in domicile state
- What Medicare considerations should you be aware of?
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