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Investment Real Estate >Selling Rental Properties
Marketing a rental property presents some special challenges. Owners will probably want to offer the house for sale while tenants are still living there so that the property continues to bring in income. However, most real estate agents prefer that their listings either be occupied by the owner or empty. Tenant-occupied homes are often the most difficult to sell since the tenants may not share the same pride of ownership. They may not be eager for the property to sell, and as a result, the house is not shown to its best advantage.
When you put a tenant-occupied house on the market, it is important that you enlist the tenants in the effort to get your house sold. Talk to the tenants first to see if they have a desire and ability to buy the house. If they are not interested in buying, work out with them the ground rules for access to the house. In most cases, the new owners will want the tenants to move, and it will be important to work out alternate living arrangements with them. In each situation, work hard to create a spirit of cooperation with the tenants.
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| Q |
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
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| A |
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
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The Stanley Rosen Real Estate Team Keyes Company Realtors 1535 Three Village Road Weston, FL 33326 Direct: 305-510-8032 Fax: 954-315-6863 stanleyrosen@NUMBER1EXPERT.com stanleyrosen@Keyes.com
The Real-Estate business demands superb services to all clients. I create a specific niche for each client to satisfy all there requirements and needs to sell their property or to purchase a property. The only way to a great real estate experience is to call the Stanley Rosen Real Estate Team! The team has produced over 350 million in sales, in the past nine years!
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