Updated over 6 years ago on .
Sell & Avoid Capital Gains or continue the cashflow?
My wife and I purchased a new home and converted our old one into a rental. The capital gains exemption is up next year and I just wanted to see what kind of guidance you awesome investors could give me. The property has 275k worth of equity in it and the mortgage is at 3.625%, we are currently renting it for $2850 a month and cashflow $1100 of that. Would you sell it and roll it into a multi unit? Keep it and just let it chug along with the current cashflow? Thank you all for your guidance!