Owning a rental property is great… until it’s not. You may have come to an end to your investment journey and it’s time for you to sell. Tricky tax rules, existing lease terms, and wear-and-tear from tenants can make selling a rental property a major headache. However, when the time is right, you need to act — and with the right approach and preparations, you can make a graceful exit without too much disruption.
4:31 Allocating deduction from vacation rental income.
10:58 Generating Loss from rental Passive Participation vs Active participation
18:20 Real estate Professional
20:50 Material Participation Selling Property
25:53 Importance of a well written lease for rental property
27:05 Know your market
35:19 Calculating Expenses on House
41:14 Depreciation Expense / Capital Gain Calculation