gzz, I don’t need cash, but I’m often dinged on tax benefits for having too much income. As a landlord, I can’t take losses against my other income. So, if step-up-in basis is killed even in part, I bet it will get me.
My approach to mortgage’s has been leverage to the max at lowest 30yr rates possible and keep excess money in the stock market.
sdrealtor, the cap gains exclusion only saves like 20% on gains, right? Assuming my gains on either place are about the same, I’m not sure it really changes the overall calculus much between UC and Clairemont? It would be a good chunk of change either way.
I think I need to do a bunch of math to decide whether hold or sell is better, and this is all better to be done after we see what the new tax laws end up as.
But outside of financials, stress is high and managing rentals is like, this background worry that something could pop up at a bad time. And a bad neighbor is part of that. I will probably feel less stressed and more appreciative of cash flow if I early retire in a couple years…
