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Updated about 17 years ago, 10/09/2007
selling a house with tenants
I am a new landlady, and don't want to be so for the long term.
For now, the tenants are paying my mortgage. I wanted to hold for at least a year before selling (in case I couldn't find an adequate 1031) to avoid capital gains gouges.
What is the best strategy for selling with tenants living in the house?
I've heard I should have the house vacant and do proper staging.
I don't have the money to pay for carrying costs if it doesn't sell right away.
Any recommendations?