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Updated over 3 years ago on . Most recent reply
Rental house, sell or hold
I have owned a rental house in Arizona since 2005, started renting in 2010 after I moved into current house. I currently owe $60,000 and its currently estimating at $260,000. Sell now or hold until its paid for (approximately 6 years) and not pay capital gains. I am not a real estate investor by no means, just invested into this house and trying to make the best decision. This may be more of a financial advisers question but wondering peoples opinion in the real estate market. Thank you