Should I sell my existing investment property?

By April 7, 2016

Should I sell my non-performing property in order to buy a better one?

This question is really answered in looking at our articles on Buy and Hold investment property and long-term investment. Generally the answer to this question is do not sell unless you have to. The costs of selling can be large including real estate agent costs and the possibility of having to pay capital gains tax.  Look at ways to make your current property perform better.

This question will always be personally assessed by one of the highly experienced Lime Property consultants as the best answer is dependent on individual circumstances, but in most cases we find   that holding your existing investment property is the best option.