A ski-vacation condo can be a great place for holidays with family and friends, with the added benefit of generating rental income when you're away.

Luckily, ski resorts and mountain towns in B.C. are not subject to vacancy or speculation taxes that have started to emerge in that province, and even buying at a U.S. ski resort is possible with financing through your Canadian bank.

Here are five questions to consider when buying a ski-vacation condo: