You buy rental properties to invest in and then eventually sell and earn capital gains. It can be one of the smartest investments you make in your lifetime. Before you sell, though, there are certain ...
Alex Vasquez is the owner of Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. Part of investing in real estate is selling rental properties.
Dear Liz: My siblings and I are considering selling a triplex. It was bequeathed to us by our mother when she died in 2007. There is no mortgage and it is fully occupied. If we sell, my wife and I ...
Managing rental properties sounds simple until you're dealing with midnight maintenance calls, late rent payments, and tenant disputes that eat up entire weekends. What started as a solid investment ...
Preparing to sell your rental investment is a chore. It’s even more complicated if you have current tenants. Explore five things to help you prepare for what’s ahead when you’re thinking about selling ...
Knowing the 1031 exchange rules for real estate and taxes will come in handy if you're an investor. Here's the details you'll ...
Rental properties are usually accompanied by short-term tax benefits and long-term growth, but due to the pandemic leading to a rise in property value, most landlords are thinking it might be time to ...
As tax season approaches, you might be asking yourself, “Is rental income taxable?” Or, “Do you pay tax when you sell a rental property?” The short answer is that it depends. Rental income is often ...
Q: We are moving out of town for a job opportunity and have decided to sell our rental property. The lease still has six months to go. Do we need to wait until the tenant moves to be able to sell? If ...
If you’re moving out of your current home, you may be reluctant to sell the place given that real estate seems like a pretty good inflation hedge and rents just hit a record high. So should you ...