Should You Sell or Rent? Pros & Cons You Can’t Ignore

Are you deciding whether to sell your home or keep it as a rental? Selling can provide financial flexibility and tax benefits while renting offers passive income and long-term appreciation. However, making the right choice isn't always clear amid rising interest rates and changing market conditions. Today, I will reveal the key pros and cons of each option so you can make the best decision. Learn what factors to consider before making your next move.

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CHAPTERS:
00:00 - Introduction
01:17 - Selling pro: Tax treatment
02:13 - Selling pro: Emotional relief
02:50 - Selling pro: Financial flexibility
03:32 - Selling con: Missed real estate appreciation
04:13 - Selling con: Costs
04:50 - Selling con: Temptation to spend
05:22 - Renting pro: Passive income
06:05 - Renting pro: Tax benefits
06:40 - Renting pro: Holding on to a low-interest rate
07:29 - Renting con: Property wear & tear
07:40 - Renting con: Tax implications
08:23 - Renting con: Increased costs
10:00 - Wrapping up

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🔻ABOUT US🔻

With almost two decades of experience in the real estate industry, I began my journey as a real estate agent in 2007 after working in the mortgage business. In 2011, I took on the role of broker/owner at ERA Heavener Realty. Then in 2023 we opened an independent brokerage, Pursuit Real Estate.

Throughout my career, I have successfully brokered over a thousand transactions and personally bought and sold more than 80 homes. Notably, I was privileged to be nominated to the Jacksonville Business Journal's 40 Under 40 (I'm no longer under 40 though!).

These experiences have equipped me with the wisdom to navigate the challenges of the real estate market, enabling me to guide you effectively and help you steer clear of potential obstacles.

Beyond my professional pursuits, I love traveling alongside my beloved wife to fun and exciting places (though the destinations have become less fascinating as we have more kids. I.E. Disney). Additionally, spending quality time with our little ones, Anniston, Miles, Ava, Lily, and Leighton, brings me immense joy. And, despite losing a step or two, I still love playing basketball.

Feel free to reach out to me, and together, we can embark on a rewarding real estate journey... And we'll make sure we avoid the pitfalls too!

🔻WATCH NEXT🔻

   • Investing in Real Estate  
   • Home Seller Tips  
   • Jacksonville Market Updates  
   • Homeowner Tips  
   • Home Buyer Tips  

🔻CONTACT INFO🔻

👉Selling your Jacksonville home?
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Jeff Riber
Pursuit Real Estate
3725 Dupont Station Ct S, Ste 1
Jacksonville, FL 32217
904-405-1995
[email protected]
https://pursuitrealestate.com/

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