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Updated over 6 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
Clancy C
  • Landlord
  • Henderson, NV
2
Votes |
5
Posts

Sell vs rent analysis on current primary residence - need help!

Clancy C
  • Landlord
  • Henderson, NV
Posted

We are moving out of state. I'm trying to analyze if we would be better off selling our current residence or if we should keep it and rent it out. I suspect selling now would be the best choice, given the market and lack of capital gains (under threshold).

Not sure how to calculate this easily – I've tried using the BP rental property calculator, but my numbers are all off since we've already lived in the house 8 years. I'm not sure how to adjust for that.

How should I calculate this? 

Thanks

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