How long to hold a property for?

[Rudy Hernandez]

Hi BP members I am a growing investor in SFH investments and have come across the following question several times and am curious to hear your feedback. How long should a SFH investment be held for? My first thought is to keep it as long as it is providing you the monthly profit that meets your expectations. However, and this may just be incorrect information, people have mentioned that after several years (6 or 7 I believe) you no longer receive the great tax breaks from having that rental property. Is that really the case? If so, is it only in Texas? Or is this all just a myth? Look forward to hearing from you.

[Matt H.]

You look at each one of your properties every year, from every angle. And then make a decision based on all those factors plus your current goals and situation at the time. There is no set timeframe.

I look at everything all the time. If it isn't performing or I feel like I can arbitrage bette somewhere else I exchange. If I love it maybe I refinance instead. Maybe I do nothing. But always an open mind and always thinking about it. And I never sell and pay taxes.