Is renting out my primary residence make sence?

[Tanveer Ahmed]

Hello BP, I have a 3/2(1500 sqft) single-family home in Carrollton, TX(75006). It's actually too big for me since I am single. I am wondering if it is better to rent out the house and get myself a 1 bedroom apartment. The house I can rent out for $2000 and my apartment will cost me $1400 with all utilities. I am not sure with tax benefits/write-off which will make more sense and should I take the extra headache for a few hundred dollars more. What holding me off is that the house is fully renovated. New floor, painting, appliance, new bathtubs, shower tiles, new Ikea cabinets. My initial plan was to move in with my family who are supposed to migrate to the USA but due to pandemic, the process will be delayed. I noticed the rental price in Dallas went up so much. Thanks in advance for any input.