Barb Schlinker The Real Estate Voice

Selling a Rental Home 2021Segment 3Sometimes people have to sell a Rental home, why is now a great time to sell a Rental home?The Biden admin is proposing:1.Massive income tax increase2.Nearly doubling long term capital gains3.Huge increase in inheritance tax4.All must pass through Congress But You Would Have to Be Ready for some Vacancy6.COVID gave us new Federal and State tenant’s rights Options for Landlords:7.Landlords CAN evict for non-payment if the lease is up and they decide NOT to renew.8.There is Rental Assistance from the Federal Government for Landlords if the tenants cannot pay due to Covid:9.Why Not Show it With The Tenant There?Showing with a Tenant There Typically Does NOT go Well10.Condition issues are more likely with a tenant occupied properties:11.Evaluate How Much it Will Cost to Remodel the Home:Updated baths:Can be as simple as:Updated light fixturesUpdated plumbing fixturesMechanical systems13.Present the home clean, repaired & empty is the best case14.Pricing a home appropriate to