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It sounds like your best option is to try to sell it on your own after your listing expires (provided no one offers you full list price in the meantime). Check your contract for a protection period--you likely wouldn't be able to sell it for a set time to someone who viewed the house while it was listed without owing a commission. In a good market you should be able to find a buyer. I wouldn't mess with trying to rent it.
Just rent the house in 2 years just claim you lived there. Now you meet the stupid Irs rules and sell it w any tax implications. Hopefully the value goes up and you can break even after fees and closing costs.
Just rent the house in 2 years just claim you lived there. Now you meet the stupid Irs rules and sell it w any tax implications. Hopefully the value goes up and you can break even after fees and closing costs.
Just rent the house in 2 years just claim you lived there. Now you meet the stupid Irs rules and sell it w any tax implications. Hopefully the value goes up and you can break even after fees and closing costs.
The OP has moved into another home already. They can't claim two primary residences.
Just rent the house in 2 years just claim you lived there. Now you meet the stupid Irs rules and sell it w any tax implications. Hopefully the value goes up and you can break even after fees and closing costs.
Bad advice. The OP doesn't have Presidential immunity from prosecution.
i agree.. We have anyway decided to sell the first house and take a hit.
Good plan.
Being a landlord is not for everyone.
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any tax implications. Hopefully the value goes up and you can break even after fees and closing costs.
