Rental properties are a non-diversified, illiquid, business. Do you want to run a business? If not, divest yourself of the rentals and limit your asset allocation to a sensible balance between the equity in your personal residence, well-diversified, low-expense equity and bond ETFs, and a small cash emergency fund. You'll enjoy greater liquidity, reduced volatility, lower risk, and probably greater total returns.

Anonymous wrote:

Anonymous wrote:Kids. Inheritance. Taxes.

If you don't have kids then?

If you don't have heirs, I'd still say talk to an accountant/tax lawyer to optimize the conversion of your assets into cash. A reverse mortgage may be a better option than outright sale and paying taxes..

Selling rental real estate you’ve had for awhile is going to be horrible at tax time. Always better for your heirs to inherit those assets for the stepped up basis.

If you've more few properties and not generating income than real estate is only eating tax, insurance and maintenance and your brain.

Anonymous wrote:Kids. Inheritance. Taxes.

If you don't have kids then?

Kids. Inheritance. Taxes.

Is there a point in keeping house and rentals after you are 70? Why not liquidate and keep it in high interest saving account to make use easier?