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Updated almost 6 years ago,

User Stats

4
Posts
2
Votes
Cedrick Nelson
  • Real Estate Agent
  • South Carolina
2
Votes |
4
Posts

Should I hold as a rental or sell?

Cedrick Nelson
  • Real Estate Agent
  • South Carolina
Posted

I have a rental that was originally my primary residence. In SC, once the property is no longer owner-occupied taxes increase from 4% to 6%. Should I continue to hold this property as a rental or should I sell and use the equity to buy something else. I attached the before and after taxes pictures below.

Before.......

After......... :-(

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