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Updated almost 6 years ago on . Most recent reply

Mark Rivera's profile image
Mark Rivera's profile image
Mark Rivera
  • from Seattle, Washington
  • Member since Jun 11, 2017

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Mark Rivera's profile image
Mark Rivera's profile image
Mark Rivera
  • from Seattle, Washington
  • Member since Jun 11, 2017
Mark Rivera
  • Seattle, WA
2
Votes |
3
Posts
Buying & Selling Real Estate

Sell or hold Seattle SFH

Mark Rivera
  • Seattle, WA
Posted

Hi,

So I am thinking of selling my rental in seattle because of the 2 to 5 irs rule.

Current mortgage is 350k but valued around 625k. There are tenants on it as well and making almost 400 usd after mortgage payment.

I do not need the cash but I am worries about the capital gains if I don’t unload it soon.

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