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Analyze Potential Properties For Cash Flow so that You Don’t Make a Bad Deal
What You Need to Know About Selling
When it comes to selling a property from your portfolio there are a lot of factors that investors must consider to ensure that they are making the right choice. In this episode, Kirk and Emily share the details from the recent sale of their first property from their rental portfolio.
They share the importance of "selling when you don't have to sell" and how paying attention to the current market trajectory should play into your decision of whether to sell you property.
In addition, they share some tips about selling a property that you may have house hacked in order to avoid paying capital gains tax on your profits.
In the show we discuss:
=>how we bought the property with no money in the deal
=>why we decided to sell the property
=>how you can avoid capital gains tax on profits of primary homes (house hacking)
=>the strategy behind selling a property
=> and more...
Links Mentioned in the Show
- Join our Private Facebook Group
- Check out our website RentalRookie for free resources
- Landlordy.com/rookie2017 (Access the 40% discount for the App)
As a RentalRookie listener, Save 40% on the Landlordy App that allows you to Manage Your Properties From Anywhere
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