Homeowners who don't need the equity from their home to purchase a new home may consider renting it instead of selling. Rental property is almost always a good investment, but you should understand the consequences of becoming a landlord.

Tenants may not share your pride of ownership and, therefore, may not maintain the property like you would. If you plan to rent your property, acquaint yourself with state or local landlord/tenant laws, including those dealing with rent control and eviction procedures. If the home you rent has been your primary residence, you could lose the benefits of a capital gains deferral when you sell it later. Get professional advice from a tax expert and a professional real estate agent before you decide to turn your home into rental property.

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Margery Jordan
Intracoastal Realty
1900 East Wood Rd Suite 38
Wilmington, NC 28403
Mobile: 910-619-7414
Direct: 910-509-7414
Toll Free: 866-509-7414
Fax: 910-256-4248
MargeryJordan.com

Margery�s Philosophy: My real estate philosophy is different from other realtors. I focus 100% of my efforts on providing the most qualified, economical, and satisfying service to each of my clients. With strong attention to detail, I work to solve any issues quickly and efficiently, making each closing a pleasure for my clients. As your guide, you can depend on my expertise, determination, and integrity to help you purchase your new home or sell your current one. Contact me today, and we'll work together to fulfill your goals!