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URL:  https://boards.fool.com/greetings-jmdbkd-and-welcome-you-asked-i-would-10326556.aspx

Subject:  Re: To Rent or Sell Date:  9/17/1998  4:58 PM
Author:  TMFPixy Number:  5475 of 94944

Greetings, jmdbkd, and welcome. You asked:

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


As JABoa pointed out, one way to net the same income is in municipal bonds that escape federal and state taxation. Depending on your state of residence, that's one relatively low-risk means of generating the same kind of income. However, it all depends on how much principal you net from the rental home sale and on your tax situation in general.

Regards…..Pixy


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