The Cottage Ownership Guide: How to Buy, Sell, Rent, Share, Hand Down & Retire to Your Waterfront Getaway

This book is designed to help first-time buyers and long-time owners make the most of a cottage investment. Douglas Hunter provides expert advice on all aspects of ownership of a second home, from finding and buying the perfect cottage to selling it or handing it down to the next generation. The hundreds of tips and cautions, sample documents and comprehensive checklists l

This book is designed to help first-time buyers and long-time owners make the most of a cottage investment. Douglas Hunter provides expert advice on all aspects of ownership of a second home, from finding and buying the perfect cottage to selling it or handing it down to the next generation. The hundreds of tips and cautions, sample documents and comprehensive checklists lead to maximum enjoyment of a cottage and minimal unhappy surprises.

The book is jam-packed with solid information and easy-to understand advice, including:

How to choose the right locationFinding the perfect property to match a lifestyleFinding the right real estate agentHow to inspect a vacation propertyCottage surveysFinancing the purchaseCo-ownership arrangements, including fractional ownership and time-sharesStrategies to minimize taxation in the U.S. and CanadaTrouble-free rentals and using a rental agentBoosting market appeal when trading up or sellingHow to structure a cottage inheritance to reduce taxes -and family disputesRetiring or relocating full time to the cottage.

This all-in-one resource also identifies potential problems and offers effective solutions to common challenges.