All Forum Posts by: Tiffany Palaskas

 We would prefer to have properties in our neighborhood so we can manage them ourselves. 

 Yes. I believe we did. But we are new to everything real estate really. We bought the duplex so that we didn't have to pay such a big mortgage.  Which has been a blessing. 

So honestly,  we have a lot to learn about RE and everything Tax related for it.

 No, not at the moment. If we keep it, we will get one. 

 Yes. We lived in 1 sise and rented the other. Then just recently, in November,  started renting out both sides. 

 No, we don't. We moved out end of November. We bought our house in TN with only 5% down. So have another mortgage here. 

I just got a message from the new tenant that moved in in November,  that her and boyfriend are now breaking up and she wants out of the lease. And not sure what the boyfriend plans on doing. They are both on the lease. So now I have a whole different issue to deal with. It wouldn't be that big of an issue if we still lived there, but we dont. I had previously posted the property for rent, showed it and screened the tenants.  

 None up to $500k profit. And we don't have that much profit. 

 I was checking online for medium term rental proces in that area. And they are about what I get for long term in rent currently. So I don't think I'd make more. But I don't know much about medium term. So? 

 We lived in the property for almost 4 years. So won't have to pay capital gains. 

 It is not paid off yet. We owe $540k on it. We bought it for $640k in 2021. It's now worth $800k give or take. 

yes. I believe we will be here long term. I know we will for sure not be moving back to WA. 

 It is hard. If it were in a state that the laws were for the owner and not tenant, we'd definitely want to keep it. 

It's going to need a new roof here in a few years, and new flooring in both units.