Sell It or Rent It?

摘要

Should I sell it or rent it out? How will you respond when your clients ask you that question when they're moving out of a home? CPAs can provide a valuable service by helping clients think through this issue in a structured way. To help, we've created an Excel spreadsheet (www.aicpa.org/ download/pubs/jofa/2005 06_witmer. xls) that compares the net present value of the cash flows from renting a house with those from selling it immediately. It is important to understand that there are qualitative as well as quantitative considerations to the decision. The spreadsheet will be most helpful in dealing with the quantitative factors, while the following section addresses a number of the qualitative factors.