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Agent commissions: If you use a real estate agent to sell your home, as most sellers do, you’ll be on the hook to pay a ...
If your house has gone up substantially since you purchased it, consider this tax break before putting your home on the rental market. Ignoring this could be a $100,000 tax mistake for a high ...
Selling your house in order to rent comes with a long list of negative financial side effects: Capital gains. Depending on how much you clear from your house sale, you might wind up paying some ...
In 2014, when my then-husband got a job across the country, I faced a choice: Should I sell or rent my house? Ultimately, we decided to sell the home instead of renting it out and keeping it as ...
If you want to sell your house to a tenant in a rent-to-own deal, then make very sure you have a contract that outlines all the details. Lew Sichelman offers tips on how to do it right.
If buying a home before selling would stretch your finances, it might make more sense to submit a contingent offer or rent back your current home while you shop for a new place.
Key takeaways. Deciding whether to sell your house or rent it out depends as much on your location as it does on personal circumstances, such as immediate cash needs and future housing plans.
Renting can change your home from financial liability to a profitable asset. Landlords charge about 1% of a home’s value for monthly rent, or $2,200 per month on a home worth $220,000 .