In today’s podcast episode, I want to explore how to evaluate if it makes sense to sell a rental property. Many people we have served over the years own rental properties and rental properties can be a great tool for retirement because they generate predictable inflation-adjusted income. However rental properties can have their drawbacks as well. In today’s show, I am going to share the process that we use to help people evaluate if they should keep or sell a rental property from the perspective of retirement cash flow. With interest rates on fixed income being so low for so many years it had been hard to justify selling a rental property but with fixed income interest rates increasing and the appreciation of real estate starting to stall as a result of higher borrowing costs, the analysis is changing.
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When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan’s completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.
At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.
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Jason’s new book is now available on Amazon.
Retirement Calculator – How Much Money Do I need To Retire?
Articles, Links & Resources:
Concreit: Investing In Real Estate Vs Stocks
Investopedia: How To Calculate Rental Property Depreciation
IRS: Schedule E Supplemental Income and Loss from Rental Real Estate
Zillow: How Much Does It Cost To Sell A House
Stessa: The Investors Guide To Rental Property Depreciation Recapture
H&R Block: How Do I Calculate Cost Basis For Real Estate
YouTube: How To Calculate Taxable Gain From Selling A Rental Property
Neighborhoodscout.com: Historical real estate appreciation per zip code – Paid Report
YouTube: How To Analyze A Single Family House Rental Property
