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Take the Money and Run!!

Posted by Mark T2 on Tuesday, 22 August 2017, at 4:36 p.m.
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In response to 141242: Sorry .. we already live here, posted by John G2 on Sunday, 20 August 2017, at 12:11 p.m.

Given the market is pretty good right now for sellers and it appears you would qualify for the cap gains exclusion on your primary residence, I would think it is a no brainer to sell and take the money and run. If you think real estate will continue it run you can alwaysre invest on the mainland. If you rent the property out it will convert into an investment property eventualy and you will lose your capital gains exclusion. Contrary to popular belief, real estate is no a sure thing. Take the money and run while the market is good.

   Δ Risks are great. TTM&R (take the money and run)
    Ronald HM -- Wednesday, 23 August 2017, at 11:12 a.m.

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