Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on .

User Stats

1
Posts
0
Votes
Nike Pedro
0
Votes |
1
Posts

Single Family sale and Tenant obligation

Nike Pedro
Posted

I currently have a tenant whose lease will expire in August but I want to sell the SF and buy multifamily. Can I sell with tenant in it and is there legal implication for selling/ can buyers view while tenant is still there?

Also I lived there for 7yrs and moved out May of 2016. Does the 5yr rule apply so I dont have pay tax on the profit. Im thinking I have till May 2021 to sell. Is that right?

Thank you