Skip to content
General Landlording & Rental Properties

User Stats

92
Posts
14
Votes
Adam Philpot
  • Nashville, TN
14
Votes |
92
Posts

What would you do? Sell or Rent?

Adam Philpot
  • Nashville, TN
Posted Jul 5 2020, 19:02

Curious to hear what you would do between renting or selling in my situation.

Here are the details:

I have a residential home in Nashville TN built in 2014 and great location. For tax purposes this would appear as my primary residence and avoid any type of capital gains tax.

If I rented it, I would clear $1400 a month after paying P&I, property tax and insurance (so not factoring in expenses but it’s a newer property). If I sold it I’d clear about 200k.

What do you think BP’ers? What would you do?

Loading replies...