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Being a Landlord FAQs


Being a Landlord FAQs


Becoming a Landlord by renting out your current house and buying another one. FAQ ❓

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Being a Landlord FAQs

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📌How much house can I buy?

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It depends on your personal financial picture. Do you have enough qualified income to qualify for both mortgages? Is your credit score high enough?

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📌How long should I keep it as a rental?

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After 3 years, you lose your Capital Gains Exclusion and that could be costly. Losing that Capital Gains Exclusion means you could owe tens of thousands of taxes when you do sell.

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📌What if really expensive repair comes up, like the HVAC going out?

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Be prepared with a line of credit or savings for unexpected problems.

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🎥 How To Guide : Renting Your Current Home, Buying Another One 🎥

watch the YouTube video!

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Buying + Selling in Nashville?

Wendy Monday • Broker

PARKS Real Estate

@wendymondaysellingnashville

💻 www.wendymonday.com

📧 wendy@wendymonday.com

📞615.642.1313

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#wendymondaysellingnashville #movingtonashville #nashvillerealtor #nashville #nashvilleagent #nashvillehomes #realestate #realestatebroker #nashville #nashvillerealtors #realtor #realestateagent #beingalandlordFAQs

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Let's Take The Next Step

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BUYING
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SELLING
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