Investment Property vs Primary Residence: What’s Best for Frederick and Walkersville Sellers?
What does “investment property vs primary residence” really mean?
A primary residence is the home you live in most of the year. It qualifies for owner-occupant mortgage options, homestead benefits, and significant tax advantages. An investment property is purchased or held to produce income and appreciation. It is financed differently, carries landlord responsibilities, and impacts your tax picture in ...