Submitted by [deleted] t3_126u3ql in personalfinance
PlaneBlueberry2034 t1_jeb0put wrote
Reply to comment by weiner_forest in Is it a bad time to sell our rental property? by [deleted]
yes lived in it for 5 years before we started renting it out 1.5 years ago.
weiner_forest t1_jeb1gus wrote
Yea just dump it. Market conditions aren't likely to shift back to 2021 levels again, not without low interest rates and continued high inflation. If anything, it's more likely to be worth less in 1.5 years.
But.. as others have said, don't time the market. If you don't want to be a landlord, dump the asset and reallocate the cash to investments you do want to be involved in (or passive).
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