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That compares very well with the 16 - 25K of tax plus depreciation recapture on a profit of 80K .The real question is can you find good replacements that fit your parameters within the time constraints.

The house sales and rentals are down compared to previous months.

New builds in Vegas are grossly over priced compared to resales.

Especially, compared to someone who does it as a main line.Result? 

Here's the breakdown of each scenario:Sell: I bought the house less than a year ago for 150K haven't built much equity, it's a city neighbohood where comparable homes can range from 100k-200k.

And, even though the price point for entry is comparatively low, it requires you to be an expert at deal analysis, rehab estimation, marketing, negotiation, creative strategies, and multiple exit strategies.  

Here's the breakdown of each scenario:Sell: I bought the house less than a year ago for 150K haven't built much equity, it's a city neighbohood where comparable homes can range from 100k-200k.

You have to look at recent sales and make comparable offers.

Not having an Agent - is a mistake in my opinion, they will help with Good vs Bad Areas, price comparables, setting up contractors...but you need to find a Good AGENT.Thanks, Brent Byers