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Updated over 4 years ago,
What would you do? Sell or Rent?
Curious to hear what you would do between renting or selling in my situation.
Here are the details:
I have a residential home in Nashville TN built in 2014 and great location. For tax purposes this would appear as my primary residence and avoid any type of capital gains tax.
If I rented it, I would clear $1400 a month after paying P&I, property tax and insurance (so not factoring in expenses but it’s a newer property). If I sold it I’d clear about 200k.
What do you think BP’ers? What would you do?