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All Forum Posts by: Mark Rivera

Mark Rivera has started 2 posts and replied 2 times.

Post: Sell or hold Seattle SFH

Mark RiveraPosted
  • Seattle, WA
  • Posts 3
  • Votes 2

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.

Post: New member from Seattle

Mark RiveraPosted
  • Seattle, WA
  • Posts 3
  • Votes 2
Hi, First time landlord here! Turning our primary home to a rental and moving 12 miles north of seattle. Looking forward on learning a lot here.