Needing some perspective

[Joel Duguay]

I am considering whether to hold or sell MY current home.  I purchased at a great time in 2010 in Napa CA for 480k, the home is now valued at over 740k. I bat around the idea of cashing out as we are at or near the top but want to avoid the huge tax implications and will obviously need to purchase or rent something at the top of the market...This is a good problem to have, but still a tough decision with a 2 year old boy.  Any perspective from anyone in the same situation or was in this situation in the past?

[Joel Duguay]

Thats great advice @Peter Mckernan, you get attached to a home but you have to also make a smart decision, I would rather sell near the top than have it pass and try to sell on the way down.  Renting for a year or two still makes a lot of sense and as a married couple it appears we avoid capital gains.  Thanks man!