All Forum Posts by: Will Yang
Will Yang has started 1 posts and replied 4 times.
Post: Should I sell my rental property
- Austin, TX
- Posts 4
- Votes 0
Thanks for the feedback. I think I am going to sell an try to pick up a more investment properties.
Post: Should I sell my rental property
- Austin, TX
- Posts 4
- Votes 0
I have also only rented out the place for 3 years and lived there full time before for several years. Is it t true that I can take the capital gains exclusion since it has been less than 3 years?
I may also consider the 1031, thanks for directing me to it!
Post: Should I sell my rental property
- Austin, TX
- Posts 4
- Votes 0
130k on mortgage about 12yrs remaining at 2.75 rate.
I don't need the money right now but I feel I could do better in the market or buy a cheaper property with better returns.
This is my only rental.
Post: Should I sell my rental property
- Austin, TX
- Posts 4
- Votes 0
I have a rental property and the tenant is moving out soon. I am trying to decide if it is better to sell it right now since the price has gone up.
Monthly Rent: $1600
HOA: $313/month
Taxes: $4180
Potential Sale Price: $276000
Not even accounting for maintenance this seems to be just 4% returns. Do you think it is better to just sell?