Skip to content
General Landlording & Rental Properties

User Stats

26
Posts
0
Votes
Heather Finley
  • Burlington, VT
0
Votes |
26
Posts

selling a house with tenants

Heather Finley
  • Burlington, VT
Posted Aug 3 2008, 10:51

I am a new landlady, and don't want to be so for the long term.
For now, the tenants are paying my mortgage. I wanted to hold for at least a year before selling (in case I couldn't find an adequate 1031) to avoid capital gains gouges.

What is the best strategy for selling with tenants living in the house?
I've heard I should have the house vacant and do proper staging.
I don't have the money to pay for carrying costs if it doesn't sell right away.

Any recommendations?

Loading replies...