The Retiree Dilemma: To Sell Or To Rent?

Phil's Tax Hacks

English - March 07, 2024 10:00 - 16 minutes - 22.8 MB - ★★★★★ - 4 ratings
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Previous Episode: Retirement Planning Fear, Procrastination, and Indecision

Next Episode: Understanding Annuities: The Good, Bad & Ugly

Many retirees find themselves at a crossroads when deciding what to do with their existing property as they move into their dream home. Would it be best to sell, or should you consider becoming a landlord? Drawing from personal experiences and real client scenarios, Phil and Marc will explore the pros and cons of turning a home into a rental property in this episode.

Here’s some of what we discuss in this episode:

1:50 – Pros and cons of renting out a property in retirement
4:39 – Managing rental properties and dealing with tenants
9:41 – Understanding the potential downsides of rental properties
11:55 – What’s the right option for you?

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