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Updated almost 6 years ago,
Should I sell or rent my condo
My condo in Michigan is 20 years old, in great shape and paid for. It would sell for $225+ The HOA is $162 with a great association. If I don't Homestead, taxes are $3500 per year. I am thinking of leaving it furnished. I bought a small condo in Florida, also paid for but now I could really use the income. I was widowed fairly young and I am living on a small Social Security check The condo should rent for $1700-$2000 per month. If I cleared $1000 a month I would be happy. Any thoughts?