Nick Krautter walks through whether to sell a home or rent it out. Key factors: finding a reliable property manager, understanding your equity position, tax benefits if it was your primary residence, and what you could do with the proceeds elsewhere.
I want to talk to you about a factor that sometimes people really forget to take into account when they're deciding whether to buy or sell. Should I keep this home as a rental or should I sell it? And when I'm giving people advice on whether they should keep a property as a rental or whether they should sell it, there's a couple of factors. Give us a call. Let us help you go through the process of does it make more sense to keep this as a rental, find a good property manager, Or does it make more sense to sell, take the equity, take the tax advantage if it's your primary residence, and put that money to work in your new town?
