All Forum Posts by: Stetson Blake

Nice. I definitely wouldn’t hurt to get some comps in your area to have an idea of what you could sell for. especially since you’d be avoiding capital gains tax. A third option if you decide you want to keep the house but the rental numbers aren’t appealing enough, would be to use a heloc to pull out some equity and help you get started with your next buy.

Nice to meet you both. Sadly, with the changes in the tax code with 2018 tax law, two years is no longer enough to avoid capital gains tax. I think you have to live there for 5 years now.

The capital gains thing would have been nice but I think I am positioned pretty well to start renting.

I appreciate the welcomes!

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I have thought about selling. I think the area isonly picking up and that prices will increase so it's probably good to hold on. I guess I just need to run some calculations and see what it would look like.

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Hey all! Glad to be in this community and looks like lots of great information. I've read through some of the beginner guides on here.

I'm currently working in tech and make a decent salary with money leftover to invest in. I'm 24 now and bought my current house with little money down a little over 3 years ago.

My current plan is to rent this house and possibly move into a duplex or a comparable, modest home and look for more deals.

I guess I'm a little lost where to go right now on how to evaluate if its "worth it" to rent my current house. I got it at a discount compared to the area, so I am thinking so.

Thanks and glad to be here!

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All Forum Posts by: Stetson Blake

Stetson Blake has started 1 posts and replied 3 times.

Post: Newbie in Cincinnati, Ohio

Post: Newbie in Cincinnati, Ohio

Post: Newbie in Cincinnati, Ohio