Quote:
Originally Posted by jhynesrockmtn
Sell rentals to make it happen? Then I assume you weren't counting on those for retirement income? Have you considered the federal income taxes on those transactions assuming there are gains involved? I've taken risks before to buy the dream house. I wouldn't do it again.
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Yeah, I wouldn't sell rental properties to buy a primary home. Then take into account the income lost and add that to the increased property taxes, is it worth it? Only you can answer that but for me, it would be a solid no unless I was getting a premium property for pennies on the dollar.