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Updated about 2 years ago on . Most recent reply

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Omid Khezri
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Florida vs. Connecticut

Omid Khezri
Posted

Hello real estate enthusiasts, 

I am moving to Connecticut from Florida due to my wife's school. We will live in CT for about 2 years and then plan to move back to FL.  Would it make sense for us to buy a single-family in CT, live in it for 2 years and then rent it out and move to FL ? Or is it a better idea to buy in FL now, rent it out, move to CT and rent an apartment there for the 2 year duration?

Any guidance or tip is appreciated. 

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Ray Hage
  • Investor
  • Fort Lauderdale, FL
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Ray Hage
  • Investor
  • Fort Lauderdale, FL
Replied

As an investor and realtor in FL, I would argue you are far better off with a Florida investment than in CT. It is much more landlord-friendly here generally speaking. Another nice perk is no state income tax benefit and the future homestead exemption when you move into your FL property.

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