Put it on the market, take your (up to) $500k tax free gain and buy a no attachment rental if you want.

Sure you have expenses and income tax, but still.......?

It's frustrating, but with low taxes, relatively low insurance and no mortgage payment, I am flowing about $12,500 a year just from that one house (less than 5 year ROI). 

After that they would own a passive 40% of a rental that would pay them a tax free gain every few years.  

What are the IRS special tax rules for installment sales(seller financing)?

I'm attempting to help out a friend's parents who are about to lose their home to back taxes.Is the process as simple as quit claiming the deed to me and then I pay the taxes and hold the property until they pay me back?

I am working a deal to help a developer acquire a tract of land in Charlotte County, Florida. The problem is the county is wanting to charge $15,000 per unit, which would come out 2.5x the amount he is paying for the ...

Look not only what it would rent for, but focus on what the net income is after mortgage, property, taxes, insurance, etc.

Can someone please explain the IRS rule that allows homeowners to avoid paying taxes on up to 500k in profit from selling their primary residence?

Everyone wants free tax advice.