... and even as your second home capital gains is taxed at a lower rate than income. Plus it can be deferred until you die! If your estate is big enough to be w

... and even as your second home capital gains is taxed at a lower rate than income. Plus it can be deferred until you die! If your estate is big enough to be worth it you can form a trust and defer it forever. That unpaid tax flows straight back into the housing market.