But, let’s be honest. For many, this time of year is a big fat headache!
You bundle up each morning to brave the snow and ice — and you ask yourself “why don’t I move somewhere else?”
Even if it’s not time to do so full-time, you should at least consider doing it for part of the year.
There are many reasons to put Savannah at the top of your “vacation home” list, but here are two of the best ones.
Location. Location. Location.
The old real estate adage holds true, particularly when you’re buying a second home that you also consider an investment for the future. The best vacation properties offer something extra special — a magnificent view of the ocean, a dock overlooking a picturesque river or salt marsh or old world ambiance.
Savannah Has It All
Savannah offers you second homes on the beachfront of Tybee Island. Skidaway Island, Wilmington island, Dutch Island and Isle of Hope provide you beautiful views and easy access to the Intracoastal Waterway.
And Historic Downtown Savannah is like no other city.
Go back in time as you walk among the towering live oaks draped with Spanish moss and the historic homes and squares built in the centuries ago.
Plus, you’re only a three or four hour drive from multiple major metro areas, including Atlanta, Jacksonville, FL and Columbia, SC. So it’s easy to enjoy a weekend getaway just about anytime you want.
Tourist Love It
Savannah is also an award-winning tourist destination, which means you won’t have any problem renting your property to vacationers if you choose to do so.
About one in four second home owners rent their properties at least part of the year. Tybee’s vacation rentals stay at nearly full capacity throughout the spring and summer.
Just keep in mind that for tax purposes, vacation homes are subject to what’s called the 14-day or 10% rule. You can rent your home for up to 14 days a year and keep the rental income without having to declare it on your tax return.
But, if you rent out the house for more than 14 days, you’re classified as a landlord by the Internal Revenue Service and you have to report the income. But, as a landlord you have the opportunity to deduct certain expenses.
I’ll talk more about the tax benefits of vacation property in a future post, but for now read this if you want more detailed information.
Here are some links for you to view all the available Savannah homes. I’m sure you’ll find many that would make fantastic vacation homes. Enjoy!
If you have any questions or would like to view any of them personally, let me know. I’d love to take you on a tour whenever you’re in Savannah.
Just call me at 912-844-9000 or send me an email at [email protected] and we will set something up.