Jim Rimmel
Jim Rimmel's Hilton Head Island
(toll free) 1-800-648-7461 (Cell) 843-338-6957 - Hilton Head Island Realty & Rentals
Jim Rimmel

Advanced Home Search


 


 

 Find the home of your dreams!

Here is your chance to be notified of all new listings in Hilton Head Island, South   Carolina that meet your criteria, absolutely FREE!

Tell me exactly what you are looking for and listings that meet your specific criteria will be sent to your inbox with no obligation.  Not sure about the area?  Visit my community pages to get more information on what is available.

Whether you are looking for a primary home, a second or vacation home, an investment/rental property or a lot to build on in the future, I can help you find the piece of the Lowcountry that is just right for you.



Please enter your email below. You'll be emailed updates that match your criteria daily. Update your criteria or cancel at any time.

Step 1 - Enter Personal Information
First Name:  Address1: 
Last Name:  Address2: 
Email:  Address3: 
Phone:  City: 
    Country: 
    State/Province: 
    Zip/Postal Code: 
Step 2 - Enter Search Details
 
Price:   to    USD
Bedrooms: 
Bathrooms: 

Types: 
* Minimum of 1 Type is required
Locations:      
To narrow search results, click the "Specify Locations" radio button above.
Wish List:  Please describe below any additional desired features.
* * Maximum of 2000 characters


 

The Benefits of Owning a Second Home

Whether it's a vacation home or a rental property, a second home can give you many of the same personal and financial benefits as your first home.  Make sure you inderstand the tax implications before you buy, however, so you canmake the most of your home investment. 

Lifestyle benefits

If your second home will serve as a personal getaway, you're probably looking forward to having a place to relax with family and friends.  Whether it's a golf cottage or a villa on the beach, knowing that you can retreat from the hustle of daily life to your own private vacation spot has an obvious appeal. 

Financial benefits

Investing in a second home has the potential to pay off in a number of ways.  First, there are the same financial rewards that come with homeownership in general: tax-deductible interest* and possible price appreciation.  In addition, you may be able to use the home as a source of rental income.  If it's a vacation home, renting it out for part of the year can help offset the costs of ownership.  If it's strictly a rental property, you can use it as a significant source of income although the tax implications may be somewhat different. 

Tax implications*

You can deduct the mortgage interest you pay on a second home, but not on an investment property.  Which category your home belongs in depends on how you use it.  To the IRS, a second home is one that you personally use at least 14 days per year, or at least one day for every 10 days it's rented out, whichever is greater.  

Although you can't deduct mortgage interest for an investment property, you can deduct operating expenses (such as maintenance and advertising costs) that exceed the rent you collect, as well as losses on the sale of the home.  Neither is deductible for a second home.   

*Consult your tax advisor

Home  |  Featured Listings  |  Home Search  |  Hilton Head Communities  |  Bluffton Communities  |  Home Evaluation  |  Mortgage Calcuator  |  Buying  |  Selling   |  It's All About Lifestyle!  |  Contact Me  |  HHI Realty & Rentals

Privacy Policy  |  Site Map  |  Links  |  For Agents  |  Profile  |  Login

©2008-2010 Hilton Head Island, SC