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Updated about 3 years ago,
Sell Property Within 3 Years of Moving Out?
I am coming up on 2 years since I moved out of one of my rentals. It is located in the Salt Lake City area (Kaysville to be precise). I have approximately $200k equity after buying it in 2/2018 and moving out in 7/2020. I cash flow $600/month which is really good. Should I sell within the 3 years to bank the $200k equity? It's a VA Loan so other than the funding fee and $15k flooring improvements and around $15k for something else (bad memory) I have nothing else in the house. Should I sell this year, next year, or wait for 5-10 years and pay capital gains taxes.