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The Retiree Dilemma: To Sell Or To Rent?
Manage episode 405131906 series 2510975
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
250 episodes
Manage episode 405131906 series 2510975
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
250 episodes
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