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PINELLAS / PASCO / HERNANDO

Done being a landlord? Sell the rental as-is.

Late rent, turnover, repairs and rising costs add up. Ally Homes LLC buys rental houses in Pinellas, Pasco and Hernando County as-is, whether the property is occupied, between tenants, or needs work.

No cost and no obligation. You'll finish a few details on the next page.

HOW WE HELP

A cleaner way out of a rental

Tenants can stay

We can often buy with a tenant in place and take over the lease, so you don't have to move anyone out to sell.

No make-ready

Skip the turnover repairs, paint and cleaning you would need before listing. We buy the house the way it is.

Close when it suits you

Line the closing up with a lease end, with your tax advisor's plan, or simply with when you are ready.

We Make It Easy

Need your hand held? Don't need help at all? Tell us what you need, and we're here to help YOU.

1

Tell us what's going on

Enter address or give us a call. We'll talk about what's going on and find out what works.

2

We give you a cash offer

We present your no-obligation cash offer, no banks and no institutions.

3

Close and get paid

Pick your closing date and how you want to get paid. We will handle the paperwork.

FOR FLORIDA LANDLORDS

Things to know before you sell a rental

Selling a rental is different from selling the house you live in. The tenant, the lease and the tax picture all come with you to the closing table. Here is what landlords in Florida usually need to think through.

Selling with a tenant in place

In Florida a lease generally stays in effect when a property is sold, and the buyer steps into the landlord's role. A sale does not usually end a valid lease on its own. Buyers who purchase occupied rentals take that into account. Share a copy of the lease and the rent history, and we can tell you whether we would buy with the tenant in place.

Security deposits and advance rent

Florida law has specific rules about how landlords hold tenant security deposits and advance rent. When a rental is sold, those funds generally transfer to the new owner at closing, and the tenant should be told who holds them. The title company can account for this on the closing statement.

If the tenant is not paying

Florida has a defined eviction process that runs through the county court. It takes time and costs money, and landlords generally cannot remove a tenant, change the locks or shut off utilities on their own. If you are in the middle of a non-payment situation, an attorney can advise on the process. We can still look at buying the house with the situation as it is.

Taxes on the sale

Selling an investment property can involve capital gains and depreciation recapture, and some owners consider a 1031 exchange. These are federal tax rules, and how they apply depends on your situation. Talk to your CPA or tax advisor before you sign anything, and we will build the closing date around their advice.

Condition and insurance

Rentals often carry deferred maintenance that tenants live with but retail buyers won't accept. In Florida, older roofs, AC systems, water heaters and electrical panels can also make insurance harder to get. Selling as-is moves those issues to the buyer and off your list.

This is general information for Florida landlords, not legal or tax advice. Every lease and property is different, and a Florida attorney or your CPA can tell you what applies to yours.
QUESTIONS

Common questions

Do I need to evict my tenant before selling?

Not usually. We can often buy with a tenant in place. If the tenant is not paying, tell us, and we will talk through whether it makes sense to buy as things stand.

What happens to the security deposit?

It generally transfers to the new owner at closing, along with any advance rent, and the tenant is notified. The title company can show it on the closing statement.

Can you buy more than one rental?

Yes, we can look at more than one property. Each one gets its own offer based on its condition and numbers.

Will I owe taxes when I sell?

Possibly. Capital gains and depreciation recapture depend on your situation. Your CPA is the right person to ask, and we can set the closing date around their advice.

The house needs a lot of work after the last tenant. Is that okay?

Yes. We buy rentals as-is, so you do not need to repair, paint or clean before closing.

Hand off the keys, not another to-do list.

Get your offer or call (727) 346-8266 to talk through your rental.

Get my offer!