Forothertypes of funds, the ratings system uses a blend of all up months since June 1999 to get a bull market rating, and a blend of all down months for the down market grade.
In other words alltypes of insider and corporate buying of their own shares and others for cash is down about 50% from the average monthly rate forall of 2011.
Although taxes for investment properties have been traditionally softer than forothertypes of investing, second homes seem to be a gray spot for the IRS. All rental losses are passive losses or hobby losses, and these can only be used against--written-off against--income from other passive activities like other rentals, a private partnership you don't help operate or an S-corporation.