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Updated 11 months ago on . Most recent reply
Should I sell rental
I purchased a SFH back in 1995 for 220,000. Lived in until 2001. Converted it to a rental in 2002. It's been a rental ever since. Renting for $3650. House is valued close to 1.5 million. Should I sell or keep it as rental?
Most Popular Reply

@Ed Ma what is the reason to sell? If you sell there will be a large capital gains tax due. If you do a 1031 exchange into another investment you can avoid that. So back to the question, What is the motivation to sell?
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