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Updated 5 months ago, 08/21/2024
Selling my rentals - Tax ramifications
Hi,
I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.
I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.
I understand that with a sell there are capital gains and depreciation recapture, but is there anything else that I should consider?
Not interested in doing a 1031 exchange.
With regards to taxes, what are the advantages / disadvantages of selling all of my rentals in 2025 versus one or two at a time per year. (I have five rentals).
Thanks