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When you’re planning how to fund your next home purchase, it makes sense to look at all your financial assets. When you do so, you’re probably wondering, “Can I borrow from my IRA to buy a house?” The short answer is yes — and it’s a strategy plenty of buyers use. In fact, a If you’ve been contributing to an individual retirement account (IRA), you can make an IRA withdrawal for a home purchase — if you satisfy the requirements. We’ll break down the qualifications for penalty-free withdrawals, the differences between retirement accounts that you use, and the pros and cons of using an IRA to help fund a home purchase. First-time home buyer exception: The key rule to know Surprisingly, the IRS definition of a “first-time home buyer” doesn’t limit you to one home. Instead, the government uses a two-year lookback rule. If you (and your spouse) haven’t owned a primary home in the last two years, you are officially seen as first-time home buyers under IRS rules. All this is great news if you have been renting for a while and are ready to re-enter the market to buy your primary residence. Here’s exactly how the Always check with a tax professional to confirm your specific situation before you withdraw these funds. Withdrawal differences between traditional and Roth IRAs You can borrow from your Roth IRA to buy a house, because both traditional and Roth IRAs have provisions for penalty-free early withdrawals. But there are differences in how these withdrawals are treated in terms of taxes and eligibility.  Here’s a breakdown of the main differences between Roth IRA and traditional IRA withdrawal rules:  Whether you want to use a traditional or Roth IRA to pay for your home, you’ll need to talk to a financial advisor. They can help you understand how taxes and retirement savings could affect your money.  How to use an IRA to buy a house If you plan to use your retirement funds to buy a house, here is how to begin the early withdrawal process in a way that helps you avoid penalties. 1. Check the IRS qualifications Before you move a cent, you need to verify that you meet the A 120-day window gives you plenty of time to shop, but it’s best to plan ahead so that you reduce the risk of taxes and penalties. 2. Choose your retirement account After you’re sure you qualify for penalty-free withdrawals, it’s time to choose which account to take funds from. With various retirement account options, it’s important to note the key differences between your early withdrawal options: Consider the different tax responsibilities associated with each retirement account before making a withdrawal to avoid surprise fees.  3. Confirm your withdrawal amount You might be wondering how much cash you can actually pull from your IRA. The technical answer is that you can withdraw any amount. However, the Pros and cons of using an IRA for a home purchase Before you decide to tap into your IRA for a home purchase, it’s best to weigh the immediate benefits against the long-term trade-offs. One of the biggest arguments Here are the other key factors to consider: Making an IRA withdrawal is just one of many ways to finance a luxury home or second home. If affordability is the only thing stopping you, try our free Alternatives to withdrawing from your IRA If touching your retirement savings feels too risky, you have other options. Several loan programs can help you buy a home with little to no money down, leaving your retirement savings intact. Another strategy is to change Is using an IRA to buy a house the right move for you? Now that you know the answer to “can I borrow from my IRA to buy a house?” is yes, the next step is deciding if it aligns with your long-term goals. We recommend weighing all the

Zillow is the undisputed giant of online real estate, clocking more than The other problem with general search engines like Zillow is that they often lack curated inventory for nuanced searches. For example, if you're looking to Niche Zillow competitors solve this problem because they list quality over quantity, often without the spammy agents and marketing material. Use this guide to find the Zillow alternative that best aligns with your search for a new or 1. Realtor.com Realtor.com is one of the best alternatives to Zillow for home listings due to its size and accuracy. The site has a direct link to the National Association of Realtors and updates its MLS data every 15 minutes. That speed is especially useful in a hot market, where a short delay often means losing a house. You also get a cleaner feed that ignores “pre-foreclosure” bait, so you only see inventory that’s actually available to buy. 2. Redfin Redfin operates as a brokerage, which means it can offer lower listing fees and commission refunds at closing. Plus, you’ll often find the Redfin Estimate is more accurate than ‌Zestimates because it uses active MLS data. The platform also has one of the most efficient home-buying apps for booking tours and getting instant alerts. It’s best suited for major cities, but you might find gaps in coverage if you look in rural or less populated areas. 3. Homes.com Homes.com recently cleared out the clutter on its site to give you a cleaner and more functional search experience. What stands out is that you can message the actual listing agent directly, instead of dealing with random salespeople who buy your data. That direct line saves you from the spam calls you get with many other real estate sites like Zillow or other larger platforms. The map feels smooth and easy to use, even if it lacks some of the deeper filters you find elsewhere. 4. Pacaso Most alternatives to Zillow help you find a home, but none make it easy to get a luxury second home. Former Zillow executives founded Pacaso to solve that specific aspect of With the co-ownership model, you purchase an ownership interest ranging from 1/8 to 1/2. This gives you ownership of a true real estate asset — They also created a process for managing and 5. Apartments.com As the name implies, Apartments.com specializes entirely in rentals, which is something of a secondary focus on many sites like Zillow. The site prioritizes managed buildings with verified availability and active property managers. You can filter by specific amenities and view reliable 3D tours to see exactly what you get before you book a visit. 6. NeighborhoodScout Standard listing sites often gloss over safety ratings to keep you browsing, but NeighborhoodScout gives you detailed insights about crime and school quality. It has block-by-block heat maps that show exactly where the safe zones end and the risky areas begin. Certainty like this helps a lot when you’re relocating and can’t visit in person. The reports aren't free, so it makes sense to wait until you’re serious about a place before you pay. 7. FSBO.com Zillow hides “for sale by owner” listings under a confusing secondary filter that most buyers miss. FSBO.com puts these off-market homes in one place to help you find deals without agent fees. You speak directly to the seller, so you often get straightforward answers about the house's history. The platform doesn’t offer much support for the paperwork, though. You’ll likely need to hire a real estate attorney to make sure you close the deal safely. 8. Foreclosure.com Foreclosure.com is the leading search engine for investors hunting for distressed real estate. It aggregates messy public records into a clean list of tax deeds, bankruptcies or sheriff sales. Standard sites miss these opportunities because they rely on agent feeds rather than court filings.  It also lists the specific name of the trustee or asset manager, so you know exactly who to call to make a deal. Access to detailed listings requires a subscription fee, which is most practical once you are seriously evaluating distressed properties. 9. LandWatch LandWatch specializes in rural real estate, farms and hunting properties. Homesteaders and investors check here when they want 10 or more acres instead of a standard subdivision with an HOA like on Zillow.  You can filter by specific needs that standard sites ignore, such as mineral rights, timberland or water access. The search tools also let you hunt for auctions, owner financing deals or land with existing structures like barns and cabins. 10. Opendoor Opendoor owns the homes it sells, so you never have to coordinate schedules with a seller or an agent. You simply book a tour and unlock the front door with their app. Browsing without a salesperson hovering over your shoulder makes the experience free from pressure. The platform also has a trade-in service that lets you line up your sale and purchase perfectly to avoid paying two mortgages. You’re limited to their specific inventory for these features, but the convenience can be appealing. How to choose the right Zillow alternative for your needs Your specific goal when searching for a property should dictate which app you open first. Primary home buyers need speed and accurate data, like Redfin and Realtor.com, to beat the competition in hot markets. Renters should prioritize verified platforms that filter out expired or fake listings. Buyers and renters should use multiple apps to see every available property and compare similar listings across platforms. Finding the right home starts with the right platform You now have a good list of Zillow alternatives to help you find exactly what you need. Next, you need to keep in mind all the When you are ready to move from searching to co-owning, Pacaso can help with the entire process. We handle the inspections, interior design and ongoing management so you can focus on enjoying the home rather than maintaining it. Plus, programs like

In the age of infinite design inspiration, it’s easy to curate a vision of your perfect sanctuary. However, translating a mood board into a cohesive, luxurious environment often requires technical skills and a lot of time. Unless you Whether you’re trying to turn your new We’ve pulled everything you need to know about hiring an interior designer so you can make an informed decision for your next home project. What does the average interior designer cost in 2026? The average cost for an interior designer ranges from $2,000 to $15,000, depending on the project. That ‌fee typically pays for the designer’s time but often excludes the cost of furnishings, artwork or materials. Rates vary wildly depending on the scope of your project, your location and the designer’s level of service. Because so many factors play a role, it can be hard to know exactly how much interior designers charge until you get a personalized quote. Interior designer rates and pricing models Interior designers set their rates in varying ways. When first meeting with an interior designer, ask how they’ll charge for their services so you can plan your budget. 1. Hourly Residential interior designers commonly charge by the hour. An interior designer’s hourly rate ranges from Your interior designer will bill you per hour for: This rate doesn’t include the cost of any furnishings, which an interior designer will bill you for separately. Depending on their policy, your interior designer may charge you at cost for furnishings or charge a commission fee (see below). Hourly rates let you control how much you pay, but if the job doesn’t go as planned or you need to make changes, you might pay more than you expected.  If you just need a professional eye for a few hours to help pick paint colors, or if you want a designer to “consult” on a room you want to 2. Flat rate pricing (per room or square footage) Designers at an interior design firm frequently charge a flat rate by room or square footage. The flat rate covers a certain number of changes but doesn’t cover furniture, which would cost extra. If a designer charges by the square foot, you’ll pay about $5 to $15 for each square foot. They also usually have a minimum project size requirement. The flat rate works well for basic projects. But, you’ll probably pay more for add-ons than you would if your designer charged you hourly or by percentage of the project cost. That said, this rate is the easiest to budget because you’ll know exactly what you’ll pay for the project upfront. 3. Percentage of project cost Some interior designers may set their rates as a percentage of the project cost. They’ll add up all the construction costs and then charge you an additional 10% to 30% as their design rate. Like the other types of rates, this doesn’t cover the cost of furnishings. Other interior designers may use the cost-plus method to calculate their rate. They’ll total the cost to complete the entire project, factoring in construction costs, permit fees, furnishings and related expenses, and then charge an additional 10% to 45% as their rate. The benefits of this type of rate are that you get a fair estimate, one that’ll likely not change so you can budget accordingly. There won’t be any massive surprise bills waiting for you if things go wrong.  4. Commission and furniture markups Your interior designer often buys furnishings at a wholesale price (usually 20% to 40% off retail), but they’ll charge you the full retail cost. The difference between the two prices is the commission. Alternatively, some designers use a “cost-plus” model. In this scenario, they buy items at their discounted cost and bill you that amount plus a markup fee, which typically ranges from 10% to 30%. Regardless of the method, you can expect to pay a commission on top of their hourly or flat rate. To see exactly where your money goes, ask your designer to share receipts for all purchases. You should always do this when you are planning to use pieces from Online interior design services (e-design) For people who just need a design roadmap, online interior design services (often called e-design) are a flexible alternative. These platforms generally charge a flat fee per room, ranging from However, this is a more hands-on approach. You’ll need to take your own measurements and photos, handle the ordering and tracking of furniture and manage the assembly and installation yourself. While you save money on design fees, you miss out on the full-service management, custom furniture sourcing or trade discounts that interior designers offer. E-design makes the most sense if you’re okay with managing the logistics, but need professional eyes to pull the look together. Factors that impact interior design cost Regardless of how your interior designer sets their rates, a few factors can affect how much you’ll pay for a design project: What does an interior designer do? Interior design combines creative vision with technical skill to build a space that fits your life. Professionals in this field undergo extensive training and often hold specific credentials or licenses that allow them to practice. Your designer focuses on flow and functionality from the very start. They often bring a clear design strategy and become involved during the architectural planning phase to be sure the room works as well as it looks. Such expertise is particularly useful if you plan to create anything from Services vary by professional, but you can generally expect them to handle these tasks: Interior designer vs. interior decorator You might hear the terms designer and decorator used interchangeably, but the roles are quite different. An interior designer brings technical know-how to a project. They know how to move walls, reroute plumbing and change the footprint of a room, all while planning in details like the You can expect to pay more for a designer because of that specialized training and project management scope. Decorators generally cost less since they work within the existing structure. A common misconception is that the title doesn’t matter, but it dictates what you can legally change. Benefits of hiring an interior designer If it fits within your budget, hiring an interior designer offers many practical advantages. More experience and training Thanks to their training, interior designers understand the functionality of space at a deeper level. They also view design as an art form, so they know how to use lighting, texture, color theory and negative space to Access to tools and exclusive designer networks A major perk of an interior designer is their access to tools that make the design process more efficient, especially at the start. These help them visualize a space before moving a wall or adding a coat of paint, saving you from making a costly design mistake. In addition, interior designers can buy from wholesalers that are not available to the public. Increased resale value An interior designer knows exactly what changes to make to a space for maximum return on investment. A professionally designed space often has a bigger wow factor than a DIY space, which can impress potential buyers. It’s also why so many real estate agents recommend homeowners get their homes professionally staged before putting them on the market.  Less stress and more time Managing a home renovation often feels like a full-time job, especially when construction crews get involved. Your designer acts as the project manager to handle the chaos while keeping the timeline on track. They coordinate with contractors, oversee deliveries and solve problems before you even know they exist. You’re free to enjoy the creative parts of the process without the daily headaches of logistics. Whether designing a How to pick the right interior designer for you Hiring a professional who fits your specific style makes the whole project more manageable. You can find the right match for your home by following these tips: Questions to ask potential interior designers Once you narrow your search, you can set up consultations with a few candidates. The point of this meeting is twofold. You need to determine if the designer is the right fit for your project. You also want to give them an idea of what you want and let them see the space. Use these questions to help you see if they're a good fit.  Experience questions: Project process questions: Budget and payment questions: Luxury and value questions: How to get the most out of your interior designer investment Since you’re paying a pro for their vision and their access to exclusive resources, you’ll want to get the best bang for your buck. Here are a few Interior designer vs. Pacaso Hiring a designer adds layers of contracts, timelines and budget management to your life. Pacaso solves this problem by including professional interior design directly in the purchase model. Here’s how Pacaso compares to interior designers: Own a professionally furnished home with Pacaso Stop calculating how much an interior design project costs and start enjoying your time away. We handle the entire

Dreaming of buying a second home? Despite market shifts, it’s still within reach. Whether you’re seeking a mountain escape, a beach retreat or a cozy getaway, understanding the realities of purchasing a vacation property is key. Buying a second home can feel overwhelming — between higher costs, financing nuances, ongoing upkeep and limited time to enjoy the home. That’s why Let’s start with the seven steps of how to buy a second home: 1. Determining your second home budget involves assessing your current and future finances. Consider income, expenses and additional costs like taxes and maintenance, especially if you will be assuming a second mortgage. A It’s also important to think long-term. Will this home primarily serve as a personal getaway, a future retirement retreat, or a potential investment? Aligning your second home goals with your broader financial plan helps ensure the purchase supports your lifestyle, not strains it. Evaluate financing options and consult a financial advisor for insights into tax implications and investment alignment. This thorough analysis ensures that your second home purchase aligns with your financial goals. Second home expenses In addition to the purchase price, be sure to factor in these expenses when budgeting for a second home: Although second homes come with added expenses, they can also offer tax advantages that help offset costs. As you’re crunching the numbers, remember your second home can also be a source of rental income and tax breaks. Depending on how your second home is classified and used, you may be able to: These are great ways to make owning a second home more feasible. However, 2. Consider your financing options Lenders often see second homes as being at higher risk for loan repayment. For this reason, Here are some things to consider when financing a second home: It’s important to note that Buying a second home doesn’t have to be a solo endeavor. 3. Compare lenders When comparing second home lenders, it's essential to conduct a thorough evaluation to secure the best financing option tailored to your specific needs. Consider the following factors and use them as a basis for comparison: By comparing these factors among different lenders, you can make an informed decision that aligns with your financial goals and secures the most favorable mortgage terms. 4. Get pre-approved Getting pre-approved for a second home gives you a clear picture of what you can afford and strengthens your position when making an offer. Lenders will review your income, assets and debts to determine an approved loan amount. Consult multiple lenders to compare interest rates and terms. Keep in mind that because lenders may see 5. Find a location and a local agent Once you decide how to use your second home, you can hone in on the best second home locations. Ask yourself: Confirming your reason for owning a second home can help you decide on the perfect destination for your new vacation spot. Choosing the right agent Finding a knowledgeable agent in your target market can significantly decrease your workload in your second home search. You can use their local knowledge to help you with logistics and make an informed decision. Research local agents online, cross-reference reviews and ask for recommendations from your friends and family when possible. 6. Make an offer Buying a second home will be a familiar process if you’re already a homeowner: You make an offer, negotiate, come to an agreement and prepare for closing. Prior to closing, you will: Once your offer is accepted, it’s time to begin the closing process for your new second home. 7. Begin closing After the seller accepts your offer, the second home closing process begins. This process involves several crucial steps: Although closing on your second home may appear overwhelming, a smooth closing is key to turning your house purchase into a dreamy second home getaway.  How do you know if you’re ready for a second home? When considering purchasing a second home, you'll want to evaluate your finances, lifestyle, and market conditions to determine whether it's the right time to purchase — but those factors are just the tip of the iceberg. Here are some of our team's top considerations for those considering a second place of residence. Down payments, interest rates and debt Assess your current financial situation to see if you can comfortably afford a If additional debt strains your financial resources, it may not be quite the Location and lifestyle fit Your vacation home’s location is everything. It affects your budget, lifestyle and resale appeal. Some areas have a higher cost of living or stricter zoning, while others may offer better access to amenities, outdoor recreation or year-round appeal. The ideal second home also aligns seamlessly with your lifestyle. Prioritize locations that support your hobbies and desired activities, guaranteeing a frequent and enjoyable retreat. If you like to ski, for example, a Investment or personal escape? When deciding on the main goal for your second home, it's crucial to determine if you're primarily interested in generating rental income, building long-term investment appreciation, or creating a personal retreat. Each of these objectives will significantly affect your approach to buying, managing, financing, and handling taxes for the property. Time investment Owning a second home comes with significant responsibilities. Are you prepared to manage the upkeep of two properties? This includes regular maintenance, potential repairs and the time and financial commitment of traveling between both homes. If not, are you willing and able to hire a property management company or other professionals to handle these tasks?  Remember that delegating these responsibilities will add to the overall cost of owning a second home. Market timing Finally, when looking to take a big step forward in your second home journey, you'll want to look at the home market conditions. Many properties are available in a buyer's market, and buyers have more negotiating power. In a seller's market, high demand and low inventory give sellers the upper hand.  Understanding the current market conditions will help you set realistic expectations, develop an effective negotiation strategy and help you determine if now is the right time to buy.  How do I buy a second home with Pacaso? Now that you know how to buy a second home, it’s time to explore your options. If turnkey luxury and simplicity appeal to you, co-ownership with Pacaso offers a modern alternative to traditional second home ownership. If you’re unfamiliar with Here are 11 steps to follow if you’re wondering how to buy a second home with Pacaso.  1. Find a second home you love From there, you can explore each destination and the homes available within it, picturing what life could look like in every location. Each destination page brings the area to life, showcasing Pacaso homes through rich photography, detailed descriptions, and a true sense of how it feels to live there. Every Pacaso home is hand-selected and 2. Talk to us We’re excited to share all the details about our homes. If you’re not sure which one is best for your needs, we’ll go through each home’s unique attributes and location to help you decide.  You can easily schedule a time to talk with one of our Crew members from any listing details page, or if you have general questions about co-ownership, you’re welcome to get in touch via our 3. Take a tour  Touring is an important step in buying a vacation home. We’ll give you all the information we have about the home, but seeing is believing. While you’re on the call with our Crew member, they can arrange a time for you to tour the home. Buyers can schedule a virtual tour, an in-person tour, or 4. Say yes!       You talked, you toured, you fell in love, and you’ve decided on owning a vacation home! We’ll walk you through the purchase process and paperwork, and our Crew will make sure you understand all the terminology related to co-ownership, such as: We want you to feel confident in the process, so ask as many questions as you’d like. Once you’re ready to proceed, you’ll reserve your share with a 10% deposit. 5. Secure second home financing  If you’re interested in The approval process is straightforward and fast. Once all documents are provided — typically your most recent pay stub, bank statement and tax return — approval takes just a few days. You also have the option to pay all cash or take out a HELOC or personal line of credit through a lender of your choice. 6. Close on your new second home Your journey begins by reserving your share and signing the residential purchase agreement. You’ll submit a deposit equal to 10% of the share price, officially kicking off the closing process.  From there, you’ll receive two sets of documents to review and sign. These include familiar items, such as the inspection report and seller disclosures, as well as Pacaso-specific agreements that outline how the home is managed and owned through our property LLC structure. If you choose to finance a portion of your purchase, our team will work with you to collect the required financial information and keep things moving smoothly. As closing approaches, we’ll schedule a check-in call to review your final closing statement, confirm wire instructions for the remaining funds, and verify that everything is in place, including your first stay date. Once the transaction is complete, congratulations are in order: you’re officially a Pacaso owner. After closing, you’ll transition into onboarding, where you’ll meet your Home Manager, download the Pacaso app, and start booking stays. From there, all that’s left to do is settle in and enjoy your new second home. 7. Get ready for vacation home bliss Congratulations on owning a vacation home with Pacaso! Our commitment to owners doesn’t end at closing. We assign a 8. Book your stays You can begin 9. Experience the ease of fully managed ownership One of the best things about buying a vacation home? It’s all yours! One of the worst things? It’s all your responsibility. The hassles of vacation home ownership can take a lot of joy out of the experience.  Pacaso’s fully managed co-ownership model gives you the benefits of vacation home ownership without all the headaches. We take care of maintenance, repairs and cleaning; manage payments for utilities, insurance and taxes; oversee 10. Flex your ownership muscles Pacaso’s management services are designed to make your ownership experience easier — but that doesn’t mean you don’t have a voice. In fact, you and your property’s co-owners have 100% ownership of the property once all shares are sold, which means your co-ownership group has decision-making authority.   Here’s how this works in practice: Owners can bring major issues about their property to a vote of the co-ownership group, and every share owned holds one vote. A major issue might be a costly property upgrade, like the installation of a hot tub.  To call for a vote, you would get in touch with your home management team. Routine maintenance and necessary repairs (such as replacing a broken dishwasher) are handled by Pacaso and do not require a vote. 11. Feel confident if it’s time to move on We think you’ll love your Pacaso for years to come, but life evolves, and your ownership can evolve with it. If your needs change, you’re free to Why is buying a second home with Pacaso the smart choice? At Pacaso, our goal is to make second-home ownership simpler, more enjoyable, and more attainable — without ever compromising on quality, control, or confidence.  From luxury homes in premier destinations to Whether you’re just beginning to explore or ready to take the next step,

With a blend of comfort and privacy, By understanding the different types of vacation homes and 1. Condominiums  Condominiums are multi-family units within a larger building. Condos are a convenient, relatively low-maintenance option and may feature 2. Villas Villas are typically larger, freestanding homes offering ample space and privacy in a tranquil or tropical setting. They often boast world-class features like private pools, stunning views and expansive gardens. A villa’s Pacaso spotlight: This Pacaso villa captures the essence of laid-back luxury in 3. Cottages Cottages offer a charming escape for those seeking a simpler, more intimate vacation experience. These quaint dwellings often feature fireplaces and rustic decor. This type of accommodation is ideal for couples or small families looking to get away from the hustle and bustle of city life and spend quality time together. 4. Cabins A cabin serves as the perfect 5. Chalets Chalets are quintessential modern mountain homes inspired by Swiss architecture. Built for snowy climates, they feature recognizable steeply pitched roofs with wide, overhanging eaves that shed snow effectively. These cozy dwellings are ideal for winter vacations and enjoying stunning mountain vistas — making them perfect for hosting a ski trip. 6. Single-family homes Single-family vacation homes are the best Pacaso spotlight: This Pacaso home offers the privacy and ease families love, with space to spread out, room for gear, and the comfort of a true home base in the mountains. With ample indoor living areas and outdoor space to unwind after a day exploring 7. Beach houses One of the most popular types of vacation homes, beach houses offer the quintessential coastal retreat, putting you steps away from the sand and surf. Imagine waking up to the sound of crashing waves, spending your days sunbathing and enjoying breathtaking sunrises or sunsets. A beach house is perfect for families with children or water enthusiasts who want to indulge in water sports like surfing, kayaking or paddle boarding. Pacaso spotlight: This quintessential California beach house offers relaxed coastal living just steps from the shoreline. Glass doors open to an oceanfront patio, making it easy to move between indoor comfort and time outside. Days revolve around beach walks, water sports, and soaking up the sea air. Best of all, this home is fully managed, so you can enjoy the beach lifestyle without the added hassle. 8. Lake houses A lake house can be a Pacaso spotlight: Calm and peaceful, this Pacaso lakefront home is ideal for those seeking the serenity of both the mountains and the water. Spend slow mornings sipping coffee on the dock, afternoons paddling, and evenings around a fire with friends or family. Whether you’re drawn to quiet nature views or time on the water, this home brings lake living to life. 9. Mansions Pacaso spotlight: This Pacaso estate on Malibu’s Pacific Coast Highway defines spacious, high-end living. With expansive living areas, multiple bedrooms and bathrooms, and room for everyone to spread out, it’s designed for big family get-togethers, celebrations, or relaxed days on the beach. Designer furnished with luxurious features throughout, it offers a vacation home experience that truly feels special. 10. Townhomes Townhomes blend condo-style living with the feel of a single-family home. These multi-story residences share one or two walls with neighboring units but have their own private entrances and, often, small yards or patios. Townhomes are great for vacationers seeking an urban escape with easy access to restaurants, shops and attractions. They can also be a good option for Pacaso spotlight: This luxury townhome in 11. Apartments An apartment is a convenient and affordable option for shorter vacations in cities or neighboring suburbs. You will often find these multi-family units within large complexes. They provide basic living amenities and a place to rest your head after a day of exploring. Apartments come in many styles, containing both luxury and budget-friendly vacation accommodations. Pacaso spotlight: This luxury apartment in Paris’s 7th District is an excellent base for city exploration in one of the world’s most iconic cities. With all the essentials for comfortable living and a central location near cafés, museums, and parks, it’s ideal for shorter types of vacations like weekend getaways. A smart choice for travelers who want convenience and culture with a touch of elegance and ease. 12. Studios Studios are compact living spaces with affordability as its biggest perk. They are often in prime urban locations that put you steps away from the action. Plus, with minimal cleaning required in a single space, travelers can maximize their time exploring a destination. 13. Timeshares Owning a 14. Short-term rentals 15. Aparthotels Aparthotels, or 16. Lodges Lodges are full of rustic charm and a sense of remoteness, perfect for those seeking an escape into nature. Many lodges provide staff-guided adventures and excursions, allowing you to fully immerse yourself in the natural environment. The communal atmosphere of lodges fosters social interaction with fellow travelers, creating a unique opportunity to share stories and experiences while vacationing. 17. Bungalows Bungalows are single-story dwellings known for their compact size and charm. They offer a cozy, affordable option for couples or small families who want to share a small space. The simple layout with minimal living space encourages quality time together. You will often find bungalows in beach towns or scenic locations, providing a relaxing atmosphere close to nature. 18. RVs RVs, or recreational vehicles, are the poster child of travel flexibility while vacationing and are an excellent option for those not wanting the full commitment of buying a vacation home. They come in various sizes and offer a range of amenities, from basic campervans to luxurious motorhomes. This allows you to customize your experience and choose a vehicle that satisfies your vacation needs. RV parks can provide convenient overnight locations with amenities like hookups for electricity and water, making it a practical alternative to buying a vacation home. 19. Houseboats Houseboats are a popular alternative to buying a vacation home. Cruise rivers and lakes in some of the country's most 20. Unusual homes Unusual homes represent a chance to stay in one-of-a-kind or quirky accommodations, from tree houses nestled in a forest to converted windmills and traditional yurts. These unique properties provide an unforgettable experience and a chance to connect with nature in an innovative or time-honored way. This vacation home option is perfect for avid travelers who want to try something new. What are some tips to help me decide which type of vacation home is right for me? Here are some key factors to help you narrow down your search and find your favorite types of vacation homes. Be clear on its intended use Consider your budget Calculate travel logistics  Decide how remote you want to be Determine if you’ll rent it out What makes Pacaso co-ownership the best vacation home option? With so many types of vacation homes available, there are sure to be a few options that best suit your and your loved ones' needs. But beyond the excitement of finding the perfect place, owning a vacation home on your own can come with added responsibilities like maintenance to ongoing That's why

This guide breaks down the different What qualifies as a second home for tax purposes? The IRS classifies a second home based on personal use versus rental use Lenders may also have their own criteria, including: Common characteristics of second homes: How are second homes taxed based on IRS classifications? The second-home tax deductions you can claim depend largely on how the IRS classifies your property. Generally, second homes fall into three categories: Because classification depends on usage and can changes year to year, consult a licensed tax professional to determine your home’s rental status and required forms. What are examples of second home tax benefits? Owning a second home offers more than luxury and relaxation — it also opens doors to potential second home tax benefits. Here are the key second-home tax deductions and credits you may qualify for: Mortgage interest deduction Mortgage interest is the cost of borrowing money to purchase a home. The Property tax deduction Property taxes fund local services like schools, public safety, roads, and infrastructure. Home equity loan interest deduction You can Capital gains deductions A capital gain is the profit you make from selling a capital asset, such as a second home. The amount of your gain is the difference between your adjusted basis (what you paid for the property, plus the cost of any major improvements) and the net earnings from the sale (the selling price minus expenses like realtor fees and closing costs). What is the 14-day rule, and how does it affect rental tax implications? The 14-day rental rule determines whether your second home is treated as a personal residence with minimal rental activity or a rental property, which affects how rental income and expenses are taxed. Tax-free rental income (14 days or less) If you rent your second home for 14 days or fewer per year, it is considered a personal residence: Reporting rental income (more than 14 days) Renting your second home for more than 14 days per year requires reporting all rental income Rental expense deduction             Rental depreciation deduction If you are using your second home exclusively as an Many second home tax benefits mirror those of a primary residence, but your usage — personal versus rental — determines which perks you can claim, like the rental property depreciation tax deduction. Consult a licensed tax professional to fully understand your situation. Why own your dream second home with Pacaso? Understanding tax implications is important, but owning a second home should also be enjoyable. Pacaso offers a simpler path to vacation home ownership through Pacaso homes are not rented out

Here’s everything you need to know about how to sell your Pacaso, what to expect along the way, and how the process compares to a traditional real estate sale. What is a Pacaso resale? A Pacaso resale occurs when an existing owner sells their ownership interest in a Pacaso home to a new buyer. While this differs from purchasing a new Pacaso share at initial launch, the ownership structure remains the same. All Because of this model, selling a Pacaso share is simpler than selling a traditional home. There’s no need for staging, showings, or home prep, no due diligence period, and no title or escrow process. Ownership is reassigned through the LLC, allowing for faster, more streamlined closings. Resales are a built-in feature of Pacaso’s How does the Pacaso resale process work? What does Pacaso’s role in the resale look like? Pacaso facilitates the resale process by helping source buyers, coordinating marketing efforts, and managing the administrative and legal steps required to complete the transaction. This support significantly reduces the friction typically associated with selling real estate. How long does a Pacaso resale take? Pacaso homes typically close much faster than traditional home sales.  Factors such as buyer financing and market demand may influence the exact timeline. How has Pacaso resale performed? According to RCLCO’s findings, from 2021 through 2024, shares of Pacaso homes achieved an average Compound Annual Growth Rate (CAGR) of 9.7%—4.7% higher than traditional luxury homes in the same markets. In several luxury destinations, from California to the Carolinas, Pacaso resales have consistently outperformed regional averages. From 2021 through 2024, Pacaso share appreciation exceeded market benchmarks in each destination, with Pacaso resales averaging a 10% overall gain. What are the fees and costs associated with a Pacaso resale? Compared to traditional real estate, resale-related costs are streamlined. Overall, the Pacaso resale process eliminates many of the unpredictable expenses associated with selling a traditional home. What are tax considerations for Pacaso resales? Selling a Pacaso share may result in capital gains, depending on your individual situation. Because Pacaso resales involve the transfer of an LLC membership interest rather than a traditional deeded sale, tax treatment may differ from a standard home sale. This information is provided for general guidance only. Owners should consult a qualified tax professional to understand how a Pacaso resale may impact their personal tax situation. What are other options for Pacaso owners? If your needs change, selling your entire share isn’t your only option. Owners who find they’re using less time than anticipated can right-size their ownership by selling a portion of their interest. A selldown follows the same process as a resale, allowing you to retain partial ownership while freeing up capital and flexibility. Is Pacaso a good investment? On average, Pacaso homes have appreciated in value, often outperforming traditional luxury homes in their markets. With a built-in resale marketplace and streamlined ownership transfer through the LLC, selling a Pacaso share is faster and simpler than a traditional second home, providing liquidity and flexibility. Beyond potential financial gains, owners enjoy a So, is Pacaso a good investment? Absolutely, for buyers who value both lifestyle and potential financial return.  A flexible, transparent way to sell Pacaso gives owners an exceptional level of flexibility, control, and peace of mind when it comes time to sell. With a built-in marketplace, professional marketing support, and a simplified transaction process, reselling Pacaso shares is designed to be as effortless as ownership itself.

When you fall in love with a dreamy vacation home, one of the first questions that comes to mind is simple but important: The cost of buying a second home goes far beyond the listing price. Monthly mortgage payments, taxes, insurance, maintenance, and long-term operating expenses all factor into what you can realistically afford. That’s where our second home mortgage calculator comes in. This tool will help estimate cost, and explore financing and ownership options to help you make a confident, stress-free decision. What goes into the cost of buying a second home? The purchase price of a second home is just the starting point. Understanding Key costs of buying a second home include: Understanding the complete cost of buying a second home, including ongoing second home expenses, helps ensure your investment enhances your lifestyle and supports your long-term financial goals.  How can a second home be a financial asset? While a second home is an expense, it can also function as a financial asset: Balancing these potential benefits against ownership costs is a key step in determining affordability—which is where a second home mortgage calculator can help. How does a second home mortgage calculator work? Our easy-to-use second home mortgage calculator takes the guesswork out of affordability by breaking the math into a few simple steps. The more accurate your inputs, the more helpful your results will be. Step 1: Enter your financial information Start by entering details that help calculate your monthly debt-to-income (DTI) ratio: Step 2: Review your debt-to-income ratio Next, you’ll see your current DTI ratio, calculated by dividing your total monthly debt by your gross monthly income. Lenders use DTI to assess risk—the lower your DTI, the more favorably you’re viewed. This step also shows your estimated cash on hand, or how much money you have left each month after recurring expenses. Step 3: Input second home loan details To estimate how much you should spend on a second home, you’ll enter: Step 4: Review your results Based on your inputs, the second home mortgage calculator helps determine the amount you would like to dedicate to a second home. You can also explore Pacaso second homes within your budget by selecting Now that you’ve run the numbers, let’s look at the bigger picture of making second home ownership work for you. What are five factors to consider when buying a second home? Just because a lender approves you for a certain loan amount at a certain These costs can have a meaningful effect on your overall financial picture, underscoring the importance of evaluating the bottom line beyond lender approval alone. 1. Know your financing options Knowing how you plan on 2. Revisit your current financial status To comfortably afford a second home, your debt-to-income ratio should ideally stay below 45%. Strong credit, substantial cash reserves, or a larger down payment may provide additional flexibility. Credit scores below 640 may make approval more difficult.  3. Understand second home mortgage requirements 4. Know your options for second home ownership Getting a second home mortgage may be more difficult if your goal is to become the sole owner, but that’s not your only option. Pursuing Purchasing your home through a 5. Learn how to increase your borrowing power After evaluating your finances, you may find that you don’t meet the requirements for purchasing a second home at the moment. The good news is that you have the power to increase your appeal to lenders with just a little time and strategy. These strategies along with a second home mortgage calculator can put you in a stronger position to get an affordable loan down the road. What are the key differences between primary residence and second home loans? When you’re considering buying a second home, it’s important to understand how financing differs from your first home. While the loan process might feel familiar, second home mortgages come with slightly stricter terms. From down payments to interest rates, here’s how the two compare side by side: How can co-ownership make your investment go further? For many buyers, the cost of buying a second home feels most daunting when taking on the full financial and operational responsibility alone. Co-ownership offers an alternative path—one that makes second home ownership more attainable without sacrificing quality, location, or experience. Through co-ownership, multiple buyers share an ownership interest in a home using structures such as tenancy in common, joint ownership, or an LLC. When thoughtfully structured and professionally managed, co-ownership can unlock access to high-quality homes while simplifying the ownership experience. By dividing both upfront and ongoing costs, co-owners can: What do Pacaso co-ownership costs entail? Pacaso builds on the benefits of co-ownership by offering a fully managed, transparent approach to owning a luxury second home. Buyers can purchase between 1/8 and 1/2 ownership of a professionally designed home, with costs clearly structured so there are no surprises. Pacaso pricing is organized into three main components: Share price The share price reflects the cost to purchase 1/8 ownership of the home. If you choose to buy additional shares, the price scales accordingly. The share price includes: Monthly home operating costs While a second home mortgage calculator can help determine affordability, non-mortgage related expenses can often catch buyers off guard. With Pacaso, these ongoing costs are budgeted annually and divided into predictable monthly payments, shared pro rata based on the number of shares owned. These costs include: Turnover services To keep the home consistently stay-ready, a turnover fee is charged after each stay. This covers professional cleaning, restocking essentials, inventory checks, and light inspections—so every owner arrives at a well-prepared home. A simpler path to second home ownership Understanding the full cost of buying a second home—and how different ownership models impact that cost—puts you in control of your decision. A second home mortgage calculator can help you translate those costs into real monthly numbers, giving you a clearer picture of what you can comfortably afford before you commit. Whether you pursue traditional ownership or explore co-ownership, clarity around expenses helps ensure your second home supports both your lifestyle and long-term financial goals. When you’re ready to explore a smarter, more flexible way to own a second home, Pacaso is here to help.