Hello, I am looking to sell my rental property in Toledo, Ohio.

I have a few cost estimate questions.

Hey Sophia,It seems like you’re trying to decide between keeping or selling your rental properties.

Hi,I’m thinking to sell my house and I would like to know if I should use a realtor or a company like clever.I’m asking because of the commission fees etc  they will be a big chunk of money.Thank you.

(Net sales proceeds after all costs (PS. loan payoffs are considered proceeds.) minus purchase price is your taxable net gain.

@Lexi Blocksom suggest you discuss in detail with @Russell BrazilYou've made a mistake thousands of naive investors have made - expecting Class A results from Class C & D properties:( In general, you'd want to compare what you can sell the property for now versus what it would cost to update it and what you could then sell it for.

Taking a property intended for a flip and turning it into a rental or vice versa have historically been viewed as the most common pivots but sometimes the best course of action is to sell, even at loss.

The best part of out of state investing is that agents in popular markets for out of state investors get to sell the same properties to new out of state investors every 2-3 years. 

- Run your numbers (including all operating costs including property mgmt) based on current rents in AS IS condition and renovated.

A cost segregation study was performed on this apartment building in Knoxville, TN with a depreciable cost basis of $17,323,250.