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Updated about 4 years ago,
Sell or keep it for rental
Have a house I have listed but only one offer that was real low. It’s paid for so if I sell I’ll pay off all my other debt. Which is $114k and it’s listed for $269k. I know I’ll end having to pay taxes if I sell. So should I keep it and rent it and borrow against it for the next house or follow through and sell it so I have actual cash?