Call Us Now
Selling rental property with tenants is quite common and many landlords are faced with the decision to sell whether they like it or not.
When dealing with rental houses, there are lots of potential issues that can arise. Evicting a tenant can be added stress to a landlord’s life.
There can be many reasons homeowners find themselves in a position of needing to sell their house. Sometimes it’s necessary because you need to relocate for work or to take care of an aging loved one.
The taxes for selling rental property in IL can be incredibly confusing for plenty of reasons, but don’t worry – I’m here to help you out.
Have you found yourself in a financial bind and need to sell a house to avoid foreclosure? Maybe you’ve even asked yourself, Can I sell my house to avoid foreclosure?
The first thing you are going to want to become familiar with is the tax implications when selling rental property. This is going to involve capital gains or capital losses.
Just the term, foreclosure brings up feelings of fear and dread. No one wants to lose their house. You may have already heard the term, or you may fear hearing it soon as you’ve fallen behind on mortgage payments.
Selling rental property in today’s market can be complicated. Knowing when to sell your property is just one of many questions you might have.
Foreclosure is a legal process that a lending institution or mortgage company obtains ownership of your home, in other words, a repossession of the property.
There can be several reasons why this question is asked. Let’s look at the pros and cons of selling…