Your Next Steps: What Happens Now

You don’t need to decide everything this week—but the next 5–7 days are critical for building clarity and control. Whether you sell, rent, or hold, these steps move you toward the right decision—with strategy, not stress.

1. Confirm Your Capital Gains Position

→ Contact your CPA and ask:

“Do I qualify for the IRS Section 121 capital gains exclusion on 14 Carmens Drive?”

If not, request a capital gains estimate based on a sale between $470K and $489K.

🧠 Why it matters: This defines your real profit, not just your sale price.

2. Clarify Your Rental Strategy

→ Ask yourself:

  • Do I want to keep the condo in the family at below-market rent?
  • Do I want full rental income from this asset?
  • Do I want to manage it—or delegate that responsibility?

If you’re considering holding:

  • You can retain me as your property manager for full-service local oversight.
  • Or, if you’d prefer a larger firm, I’ll connect you with Universal Property Management—a traditional, full-stack option with systems and scale.

3. Schedule a Walkthrough

→ I’ll personally walk through the home to:

  • Verify condition, layout, and finish level
  • Identify any overlooked repair needs, curb appeal issues, or staging opportunities
  • Draft an updated listing description (internal use only, not public yet)
  • Confirm or adjust the current pricing strategy, since all estimates in this report are based on public records, online photos, and comparable data—not firsthand insight

🗓️ Until I’ve walked the property, all pricing is provisional.

4. Review Updated CMA + Net Proceeds Scenarios

→ After the walkthrough, you’ll receive:

  • A refined CMA with adjusted comparables
  • A net proceeds breakdown across key list prices ($470K, $474K, $479K, $489K, $500K)
  • Capital gains tax scenarios once your CPA responds

5. Decide: Sell Now, Rent Now, or Hold for Later

→ Once pricing is validated and your tax picture is clear, you’ll be in a strong position to:

  • List immediately while the $475K–$499K band is still hot
  • Pivot to a rental strategy with management support
  • Or hold, with a clear re-evaluation window

No pressure—just options backed by data.

6. Review Listing Agreement (Only If You’re Ready)

→ If you choose to list:

  • I’ll send a performance-based listing agreement
  • You’ll get full transparency on my tiered commission model
  • No photos or public marketing begin until the contract is signed

7. Coordinate with Your Daughter

→ If her living situation may change, it’s time to:

  • Start the conversation about move-out or rent adjustments
  • Prep a basic plan based on your final decision (sale or lease)
  • Consider a 30-day grace period for transition, if needed

🧭 Bottom Line:

This is a week to confirm facts, check assumptions, and refine your options.
You’ve got equity. You’ve got leverage.
Let’s verify everything—and decide on your terms.