Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Inherited parent's home. Rent or sell."
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Im renting my moms house out for a net profit of 7k/month and I still urge you to sell (we should have back in 2021, and put nothing into it). You have a gap between tenants, and there goes your profit. You have bad tenants who dont leave and you have to hire lawyers to evict, there goes your profit, etc, etc. My sibling has now agreed that if our current tenants leave, we will sell. We were waiting until mom's passing due to cap gains (the house was purchased in 1972 in what is now a very HCOL area so the gains are significant) but every day I think about how a fire could wipe away the home, we could get tenants who refuse to leave or pay or trash the house; etc. etc. Not worth it. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
