{"id":21936,"date":"2025-10-14T04:19:38","date_gmt":"2025-10-14T11:19:38","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=21936"},"modified":"2025-10-14T22:28:34","modified_gmt":"2025-10-15T05:28:34","slug":"selling-a-rental-property","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/selling-a-rental-property\/","title":{"rendered":"8 Tips for Selling a Rental Property: Navigating Taxes and Tenants"},"content":{"rendered":"

Any landlord will tell you that the gig comes with plenty of ups and downs, and when the latter starts to outweigh the former, it may be time to sell<\/a>. Kyle McCorkel<\/a>, a seasoned real estate investor in Hummelstown, Pennsylvania, has developed a knack for knowing when it\u2019s time to seriously consider selling a rental property.<\/p>\n\n\n\n\n\n

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During the pandemic housing boom, McCorkel decided to sell two of his rentals to capitalize on the high market prices just as the property taxes were starting to spike. \u201cMy expenses were going up faster than rent was going up, so I decided to seize the opportunity to cash out and move my equity into better-performing investments,\u201d he says.<\/p>\n

When it\u2019s time to sell a rental property, two things are especially important: taxes and tenants. Knowing what to expect with capital gains, depreciation, and other tax rules can help you avoid surprises at closing. And keeping tenants informed while following the right legal steps makes the whole process smoother for everyone. This article helps you navigate the tricky parts of selling a rental property.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tricky tax rules, existing lease terms, and wear-and-tear from tenants make selling a rental property challenging. Here\u2019s how to do it confidently.<\/p>\n","protected":false},"author":298,"featured_media":46658,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[832,319],"tags":[],"class_list":["post-21936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-flipping-investing-short-sales","category-selling-advice"],"acf":[],"yoast_head":"\n8 Tips for Selling a Rental Property: Navigating Taxes and Tenants<\/title>\n<meta name=\"description\" content=\"Tricky tax rules, existing lease terms, and wear-and-tear from tenants make selling a rental property challenging. Here\u2019s how to do it confidently.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.homelight.com\/blog\/selling-a-rental-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"8 Tips for Selling a Rental Property: Navigating Taxes and Tenants\" \/>\n<meta property=\"og:description\" content=\"Tricky tax rules, existing lease terms, and wear-and-tear from tenants make selling a rental property challenging. 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