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The Retiree Dilemma: To Sell Or To Rent?

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Manage episode 405131906 series 2510975
Content provided by Phil Putney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Putney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Many retirees find themselves at a crossroads when deciding what to do with their existing property as they move into their dream home. Would it be best to sell, or should you consider becoming a landlord? Drawing from personal experiences and real client scenarios, Phil and Marc will explore the pros and cons of turning a home into a rental property in this episode.

Here’s some of what we discuss in this episode:

  • 1:50 – Pros and cons of renting out a property in retirement
  • 4:39 – Managing rental properties and dealing with tenants
  • 9:41 – Understanding the potential downsides of rental properties
  • 11:55 – What’s the right option for you?

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

  continue reading

250 episodes

Artwork
iconShare
 
Manage episode 405131906 series 2510975
Content provided by Phil Putney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Putney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Many retirees find themselves at a crossroads when deciding what to do with their existing property as they move into their dream home. Would it be best to sell, or should you consider becoming a landlord? Drawing from personal experiences and real client scenarios, Phil and Marc will explore the pros and cons of turning a home into a rental property in this episode.

Here’s some of what we discuss in this episode:

  • 1:50 – Pros and cons of renting out a property in retirement
  • 4:39 – Managing rental properties and dealing with tenants
  • 9:41 – Understanding the potential downsides of rental properties
  • 11:55 – What’s the right option for you?

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

  continue reading

250 episodes

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