Many clients fall in love with their first home and sometimes parting ways with it is just too much. This is the case for one such couple that bought a new home to meet their growing needs, but kept their first home and converted it into an investment property.
Naturally the client had to do their homework in terms of affordability of keeping both properties, also weigh up the pros and cons of keeping. For those that are reading their are asset protection and potential tax implications of keeping your existing home and upgrading so we suggest you speak to your accountant or financial advisor before making a decision.
However if this scenario appeals to you please do not hesitate to Contact Us we’d love to see how we can help