Downsize Your Home or Rent It Out: What's Best for You?

·3-min read
Downsize Your Home or Rent It Out: What's Best for You?

For example, if you stay in the same neighborhood, your property taxes might drop once you downsize, as might your insurance costs. Say you're sitting on excess space because your adult children have moved out. Well, if you're able to take in $1,200 in rent every month, you'll actually come out ahead financially by virtue of having a tenant.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting