Guides

Should you sell your house or rent it out?

If you are moving, keeping the house as a rental can be tempting. Here is how to think it through.

Run the rental numbers honestly

Compare likely rent to your mortgage, taxes, insurance, repairs, vacancy, and management. Many owners underestimate repairs and empty months.

Consider the work

Landlords handle tenant screening, leases, repairs, and sometimes late rent. Property managers help but charge a fee. Some municipalities require rental registration or inspections.

Think about taxes

Selling a primary residence may qualify for a federal capital gains exclusion if you meet ownership and use tests. Renting for several years can affect that. Ask a tax professional.

Compare with your net proceeds

Use the net proceeds calculator to see what selling now could look like, then compare it with the rental plan.

General information only, not legal, tax, or financial advice. Laws and local rules change; confirm details for your situation.