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How to determine whether to sell money-losing rental property | Latest News
How to determine whether to sell money-losing rental property
What should be done with my two rental properties that no one seems to want to rent? We’ve had previous tenants and evictions. I’m ready to sell the properties and cut our losses, but my husband doesn’t want to sell at a loss even though the property ... read more
Q&A: Should I pay off debt with IRA or sell a rental property?
With this said, we are considering a couple of decisions to secure our financial future: 1) Sell one property and pay off the equity line, income tax and real estate fees. 2) And draw $80,000 from an IRA and pay off one rental property since they are ... read more
Can You Lower Your Property Tax Bill Without Moving?
Counties may base this estimate on how much it would cost to replace the property, what the property would sell for on the open market, or the amount of rental income the property could make. Local assessors determine ... on your own. Whether you appeal ... read more
How to Find (or Create) a Rent-to-Own Home
Your best bet are property owners who reluctantly backed into becoming landlords—in other words, they tried to sell ... rent-to-own is the direction you really want to take. Is rent-to-own right for you? Only you and your potential seller can determine ... read more
Sell or rent home when relocating?
The following are five questions to ask when deciding whether to sell a property or rent it out. Homeowners with significant ... “Homeowners should make the calculation to determine how long it will take to reach the breakeven point in terms of gaining ... read more
Should You Rent or Sell Your Home?
To evaluate whether to rent or sell your property, here are six tips from real estate experts: Evaluate current market conditions. Before you decide which way to go, consider the current situation in the area where your property is located. Determine the ... read more
6 Easter Scams You Want To Avoid
Some don’t really qualify as scams, whether we’re talking about those colorful plastic eggs for storing treats, sometimes loaded with lead paint, that old favorite Kinder Eggs, now illegal due to choking hazards, or folks selling bad chocolate. read more
Rent vs Sell? 4 Questions to Ask to Make the Right Decision
Landlords tailor rentals differently than they do their own homes. “Sometimes you have to decide if it’s better for you to sell and take a hold onto ... The amount you owe can determine whether it’s worthwhile to rent your home and take advantage ... read more
When Does It Pay to Rent, Even When the Numbers Say It’s Cheaper to Buy?
If you’re wondering whether ... insurance, property taxes and repair costs, and that can add up to a big chunk of change in the first few years of owning a home. “It’s always more expensive in the short run to own rather than rent,” Fleming says. read more
Rental Real Estate Or Stocks?
With the power of hindsight, we were able to determine ... my only question was whether I could build a portfolio with a higher current yield and higher potential dividend growth rate. In our case, it made sense to sell our rental property and to opt ... read more
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