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House 1 low interest rental, House 2 high interest primary. Sell House 1 to be debt free?
House 1 low interest rental, House 2 high interest primary. Sell House 1 to be debt free? House 1
Worth ~$500k with $220k left at 2.7% interest rate. Being rented for $2300 with monthly cost of ~$1800 which includes everything (maintenance, mortgage, etc). Lease ends on June 2025. By 2027, I can sell and be excepted of the tax since I lived there 2 years of the past 5 years. 4 bed, 2 + 1/2 bath, 2000sqft with 4000 sqft backyard+ 2 ...
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