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Updated over 1 year ago,
Rent vs sell
Hello
This is my first post . Let me know if this is not the correct place to post . I am new to this forum . We will be moving into a new house with loan of 672 K at 6 percent
our current house is smaller but in great location. It is paid off and can rent for 2800-3000/month. Zestimate is 445 and comps are close to 475 K
Marginal tax 32% and state 5 percent . Both houses in same city .
I am trying to decide between selling and renting .
I will Appreciate any advice
Thank you