All Forum Posts by: Tim Clark

Thanks for the advice everyone! I think that finding someone local here to be the PM will be challenging and since I am a novice, this could be a challenge to start with. That being said, I did not even consider the capital gains on the house if we were to sell and it is no longer our primary residence. I will definitely talk to an accountant. Thanks for sharing your sights!

I am at the stage before newbie when it comes to rental properties. We are debt free, in great financial position and are considering moving. My question is would it be better to sell our house or to rent it out. I know that to answer this a lot is determined on what is needed when we move, but the framework of my question is based upon the assumption that my family will not need the cash from the sale of the house or from the rent. I have always been told that it is best to be close to your rentals but in our case, we could be on the opposite side of the country.

Tim