What was the outcome?

What was the outcome?

However, this generic statement is useless for many reasons:- your two years are never identical- even if you expect them to be identical, we don't know the future, and things can change- you likely have a number of special factors that change your tax outcome, some of which I mentioned above and others mentioned in earlier comments on this threadWe are also assuming that you're selling outright for cash and not reinvesting, although you have other options such as installment sales (aka owner financing), reinvesting into REITs/DSTs, opportunity zone funds and more, as mentioned in other comments.Finally, nobody brought up what I consider the single most important factor in your decision process: you sell when you have a good offer, period.

Updated the decor What was the outcome?

Updated the decor What was the outcome?

So, you have to consider the range of outcomes, their cost, and their probability.

On average, a licensed agent will have way higher odds of success, and can deliver similar outcomes to their clients, without having to go into any gray areas, or deal off-market.

The most likely outcome is a need for you to have ADDITIONAL equity in property because of this added liability.

What was the outcome?

The net outcome of a lower quality tenant ranges anywhere from nothing to catastrophic, but you probably understand where I'm going with this.