Question: I’ve inherited some residential real estate. Would it make more sense to sell it or keep it and rent it out?
Answer: With such big dollars at stake, it would make sense to have a real estate professional sit down with you and put all the pros and cons down on paper. Important questions need to be answered and you need professional input. Should you sell? What return can you expect? What will be the tax consequence? Is it the right time to sell? Would the residence be a good rental property? Would it be easier to rent or put the profit into financial instruments? Get all the facts before you decide.
Let us know your questions so that we can include them in future Weekly Updates: team@bockrealestate.com
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