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Investment Real Estate >Renting Your Home

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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Q	What is the role of the U.S. Housing Authority?
A	Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states.
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Jack Williams, REALTOR®, real estate agent and broker for Dallas, Plano and Frisco, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Jack Williams
Keller Williams Frisco Stars
1400 Preston Rd, Suite 400
Plano, TX 75093
214-325-5695
Fax: 214-461-0470
JWilliams@LonestarRealtyTeam.com
Jack Williams has been selling Homes since 1983 throughout the D/FW Metroplex. Private Label Realty is the Broker of record for Lonestar Realty Team.

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