I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental.

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30 year fixed already back to the 5’s this week on primary residence with some aggressive lenders .

You have to learn to let go and not care so much.It's immaterial if they showed up or not, right?

I reside in Alpharetta GA; however, I would like to invest in the City of Philadelphia.

So be careful.  

Be careful!  

With a long term tenant who takes good care of the place, I'd still raise the rent a bit. 

Investment Info:Single-family residence buy & hold investment.

Of course that would change if there was a screaming deal where the numbers absolutely positively worked.My first house had a loan at 18% so the Int Rate alone is not a deal killer, but you gotta be careful because it will suck up your profits real fast.Can you sell the duplex and free up $150k cash?