Just to provide some more context - the second home that I plan to buy is in the same vicinity and this is one of the growing suburbs with avg 6% home appraisal yoy for the last 7-10 years. Agreed that landlording will be tedious and at times risky with tenants, but the promise of first home value continuing to increase and equity accumulation significantly offset concerns around capital gains taxes and depreciation recapture. So in the long run, these factors make holding both properties a good asset creating move rather than a liability, right ?Sell your present house. In addition to all the risks and challenges of landlording, you would be borrowing an additional $500k. At 6%, that’s $2500 per month in interest off the top of your rental income. Plus depending on how long you held, you could lose the $500k cap gains exclusion. Many other negatives but these are 2 big ones.
Statistics: Posted by GKBhogle — Thu Oct 09, 2025 6:43 pm — Replies 22 — Views 1087