Do I owe capital gains if I sell a rental I used to live in?
If you lived there 2 of the 5 years before the sale, the home sale exclusion can still apply. Depreciation from the rental years is generally taxed.
Landlords & Rentals
Landlords & Rentals
Landlords & Rentals
My rental’s insurance went up again October 1. Why, and what are my options?
NC dwelling policies for rentals rose an average 5% on Oct. 1, 2026, with 5% more set for Oct. 1, 2027. Your renewal can differ, so shop it and rerun the math.
Landlords & Rentals
My tenant moved out but left all their stuff. What am I allowed to do with it?
After a writ is executed, NC landlords generally hold belongings 7 days (5 if under $500). Without a court case, options are narrow.
Landlords & Rentals
How much notice do I have to give a month-to-month tenant to leave in NC?
NC requires at least 7 days’ notice before the end of the monthly rental period (N.C.G.S. 42-14), unless your lease requires more.
Landlords & Rentals
Can I sell my rental house with a tenant still living in it in NC?
Yes. In NC a sale does not end a residential lease, so the buyer takes the house subject to it and the security deposit moves to the new owner.
Landlords & Rentals
How long does it take to evict a tenant who stopped paying in NC?
An uncontested NC eviction for unpaid rent usually takes about five weeks. An appeal or the federal 30-day notice rule can stretch it to months.