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CJones reacted to midwestpa24's post in the thread Thinking about moving and renting out current house with
Like.
If you sell now you can avoid capital gains altogether. If you hold it and rent it for a few years, any future sale of the house will... -
CJones reacted to NealRomeoGolf's post in the thread Thinking about moving and renting out current house with Like.
I've done this three times. Not a big fan of being a landlord. If you do this, I would make sure you manage the lawn care and make sure...
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CJones reacted to X3 Skier's post in the thread Thinking about moving and renting out current house with Like.
Since the kids will be moving out (Maybe?), think what the situation will be in 4-5 years. Will you be downsizing then and have two...
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CJones reacted to Tarheelpilot's post in the thread Thinking about moving and renting out current house with Like.
You could just drive your kid to the middle school of choice and save yourself the stress of all the house drama. I’m accidentally...
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CJones reacted to dcat127's post in the thread Thinking about moving and renting out current house with Like.
What state? What are the landlord tenant laws like in your location? I used to own a number of rental properties in New York. With the...
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CJones reacted to TCABM's post in the thread Thinking about moving and renting out current house with Like.
If you’re going to run it like a business, you need margin between income and expenses with the reality that you can only adjust income...
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CJones reacted to Tools's post in the thread Thinking about moving and renting out current house with Like.
Selling in an up market actually has its limitations. 1. If you upgrade, you upgrade less as the property you are buying is also...
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CJones reacted to 2-Bit Speed's post in the thread Thinking about moving and renting out current house with Like.
I love that word, Lure. It's such a cruel word. When using bait, the fish at least gets a last meal. A lure? We pluck it from its...
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CJones replied to the thread Thinking about moving and renting out current house.Agree wholeheartedly. Before we bought our place, we were always the 'hands-on' tenants that treated the place like our own. We got...
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CJones reacted to SkyChaser's post in the thread Thinking about moving and renting out current house with Like.
Here is our Saturday project...painting the front porch, because it was uglier than sin and had all sorts of bugs and bees trying to...
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CJones reacted to Larry in TN's post in the thread Thinking about moving and renting out current house with Like.
Being a landlord is a job. It can be a very good job, if that's something you want to do, but it's still a job. People get into it for...
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CJones replied to the thread Thinking about moving and renting out current house.This is a great perspective and honestly where my mind was at when the idea first came up, but the idea of a shiny new house with more...
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CJones reacted to mandm's post in the thread Thinking about moving and renting out current house with Like.
Do you like your house, neighborhood and location? Are your property taxes capped on their annual increases? I’d probably lean towards...
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CJones replied to the thread Thinking about moving and renting out current house.Thanks for the responses, folks. Definitely a lot to think about. We like where we are currently, other than the MS situation which, in...
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CJones replied to the thread Thinking about moving and renting out current house.A1: Possibly. We have talked about how (hindsight 20/20) we wish we had bought two houses like ours at the time to have one as a...
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