Selling an Unwanted Investment Property
Not every investment works out. If a property has become more work than it is worth, it may be time to run the numbers.
Run the real numbers
- Rent you actually collect after vacancy
- Taxes, insurance, repairs and management
- Upcoming big-ticket repairs
- What you would net after selling costs and taxes
Taxes
Selling can bring capital gains and depreciation recapture. Ask a tax professional about the impact, and about a 1031 exchange if you plan to buy another investment.
Your selling options
You can list it, sell it to another investor or sell directly to us. We buy as-is, including properties with tenants, deferred maintenance or unfinished projects.
This page is general information, not legal, tax or financial advice. Rules vary by state and city, so please check with a qualified professional about your situation.
Questions to Ask Before Selling a Rental or Second Home
- What is it really earning? Look at rent minus taxes, insurance, repairs, vacancy and management, not just rent minus mortgage.
- What big repairs are coming? Roofs, HVAC and water heaters can wipe out years of profit.
- What are the tax consequences? Selling an investment property can trigger capital gains and depreciation recapture. Ask a tax professional about options such as a 1031 exchange.
- Do you want to keep being a landlord? Time and stress count too.
Selling With Tenants in Place
You can usually sell a rental without waiting for the lease to end. Leases typically transfer to the new owner, along with security deposits. We buy occupied properties and can work with your tenants’ schedule for a walkthrough.
Packages and Small Portfolios
If you own several rentals, we can look at them together. Tell us what you have, and we will let you know which ones fit and give you a clear offer for each.
Ready to let go of a rental? Get a no-obligation cash offer, tenants and all.