Updated about 8 years ago on . Most recent reply
Rent or Sell in South Denver
I have a house I bought in 2014. I lived in it 2 years and have been renting it for past 18 months. The rent covers the expenses, but really doesn't cash flow beyond that. Part of the reason I've been renting it is to leave open the possibility of moving back to it at some point, since it's a nicer home than the one I'm currently living in, which I also own. Also, if I sold it to a renter, I could avoid having to pay realtor expenses. I have about 18 months before I lose the home owner exclusion for capital gains. The home I'm currently living in would make for a very good rental as well. I would really like to get the BP community's opinion on what they would do.
Thank You!