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11 Things I learned After Owning a Vacation Property

Prairie Eco-Thrifter

We purchased a vacation condo in a local resort area in 2006 (yep, right before the crash). I also wanted a bit more diversification in our portfolio and figured an additional piece of real estate could help that. Extended family members expect free days. That gave me the idea to start looking around for one too.

Vacation 100
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How Long Should You Keep Financial Documents

Family Balance Sheet

Our personal bank has statements online all the way back to 2006. Some Ideas For Keeping Your Financial Records Organized: For our personal taxes, we keep a present year file for tax deduction documents, such as receipts for charitable contributions, mortgage tax payments, receipts for school and real estate taxes, Goodwill donations, etc.