Should I sell or rent my home ?

[Troy Schultz]

Hello, I've lived in my house for 7 years, I am moving no matter what, I can either sell, or rent, not sure what makes sense ?

I owe $147,000

Zillow says its worth $175,000 I think more like $155,000 - $165000

House payment with insurance and taxes $1200

possible rent ? $1200 - $1500

If I sell, after paying selling fees, closing costs, down payment on next house, how much will I really make ? $0 ? that's the bad part, I then feel like I just wasted 7 years being a "homeowner" I might as well just rented for 7 years

Renting, I really like the idea of renting this house forever, once its paid off, it will be a $150,000 assett to sell , or a cash cow giving me income every month ...

either way I am moving farther up north, away from the cities, the question is how, by selling or renting ?

[Steve Vaughan]

Any gain from the price you bought it will be tax-free at least.  I wouldn't do long-distance LL-ing, watching your grass die and screens & stuff get torn up.  Sell it and invest in your new backyard @Troy Schultz!