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Tax Implications When Selling a Rental Property in North Carolina

Selling your rental property isn’t just about finding the right buyer—it also has tax consequences. Many Wilmington landlords overlook these costs until the closing table, where surprises can cut into their profits. Understanding the tax implications can help you plan smarter and keep more of your hard-earned money. 1. Capital Gains Tax If you sell … Continued

Selling a Rental Property With Tenants in Wilmington, NC

Selling a rental property is challenging enough, but doing so with tenants still living inside adds an extra layer of complexity. Wilmington, NC landlords often wonder: Can I sell my rental property if tenants are still there? The answer is yes—but the process depends on your strategy, tenant cooperation, and your choice of buyer. Why … Continued