I ended up taking wild ride with the potential sale of my vacation rental cabin in Tennessee, so I figure I owe you guys an update. When I last wrote about it back in October, we were debating whether to accept a lowball offer after having the cabin on the market for the past 9 months...

After months on the market, I finally got an offer on our Smoky Mountains vacation rental — but selling would mean a $150K loss. Do I sell now or hold and hope the market rebounds? Here’s how I’m weighing the decision between cash flow, taxes, peace of mind, and long-term strategy.

Learn about depreciation recapture and how it can apply even if selling at a loss.

I thought it would be interesting to do a post-mortem on our beach condo investment to show what went wrong and share some lessons learned.