Many heirs receive real estate because it’s a valuable asset — not necessarily because they need the homes to live in. So, for the heir who doesn’t want to live in the inherited home, what’s the best decision to make? Rent or sell the home?
The answer is clear: It all depends! It’ll turn on the precise blend of the heir’s circumstances and the real estate market.
While we have no blanket best answer for all readers and all markets, we can certainly go over the factors an heir would want to consider.
Continue reading “I Inherited a Home. Should I Sell It, or Rent It Out?”
