War is pushing everyday prices higher, and a listener wonders if a Utah vacation rental beats investing home sale proceeds.
What does the Iran war mean for the price of your groceries, your next flight, and everyday household goods? Is buying a short-term rental property a smart way to diversify your investment portfolio, or is it more risk than it's worth? Hosts Sean Pyles, CFP®, and Elizabeth Ayoola dig into the pros and cons of vacation rental investments. But first, senior news writer Anna Helhoski joins them to explain how oil supply disruptions ripple outward through fertilizers, plastics, shipping, and airline fuel — and why the timeline for price increases on most goods could stretch six to twelve months beyond what you're already seeing at the pump and the store.
Then, fellow Nerd and experienced real estate investor Lisa Green joins Sean and Elizabeth to answer a listener’s question about buying land to build a mountain vacation rental. She discusses when building and managing a property from several states away may make financial sense, what unique risks come with short-term rentals specifically, and how that compares to simply investing the proceeds in the stock market.
Learn about the capital gains tax rules that apply when you sell your home: https://www.nerdwallet.com/taxes/learn/selling-home-capital-gains-tax
Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header
To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.
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