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Investment Real Estate >Renting Your Home Homeowners who don't need the equity from their home to purchase a new home may consider renting it instead of selling. Rental property is almost always a good investment, but you should understand the consequences of becoming a landlord. Tenants may not share your pride of ownership and, therefore, may not maintain the property like you would. If you plan to rent your property, acquaint yourself with state or local landlord/tenant laws, including those dealing with rent control and eviction procedures. If the home you rent has been your primary residence, you could lose the benefits of a capital gains deferral when you sell it later. Get professional advice from a tax expert and a professional real estate agent before you decide to turn your home into rental property. See All Tips In The "Investment Real Estate" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  What was the greatest land grant ever given to an English subject? A  William Penn arrived in October, 1682, to take over his enormous grant that later became Pennsylvania and Delaware. See More Real Estate Trivia >

Chicago Skyline Team Keller Williams Gold Coast Realtors 676 N. Michigan Ave., Suite 3010 Chicago, IL 60611 312-636-6044 Fax: 312-981-5501 stephaniederderian@NUMBER1EXPERT.com Craig Hogan, Managing Broker, Keller Williams Gold Coast Realtors www.ChicagoSkylineTeam.com is brought to you by Chicago Skyline Team NUMBER1EXPERT™ in real estate for Chicago Gold Coast, Chicago Loop and Chicago Downtown, Illinois Read Chicago Skyline Team's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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