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Investing/Strategies / Retirement Investing
|Subject: To Rent or Sell||Date: 9/16/1998 3:16 AM|
|Author: jmdbkd||Number: 5453 of 75833|
I would like to sell a rental house and get out of the rental business now that I am retired, age 66.
Is it possible to get the same return from investing without taking too much of a risk as I would have received if I continued to rent out the house.
Annual rental income would be around $8000
House is fully depreciated and would probably sell for $110,000
Thank you for your suggestions.
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