<prompt> Human: I own my own home and a rental property in a different townnearby market. The rental house is free and clear and cashflows a little, but really, after roofing, painting and other stuff that come up, breaks even. Im 2 12 years into a 15-year, 3.75 loan on my own home. If I sell my rental property pay down my mortgage, it basically cuts it in half, cuts 6.5 years off the payoff date and cuts total interest from 136k to 60k. I realize that I would be giving up any appreciation of the rental property I might get, and would have to pay capital gains. Given that, what do you see as the pros and cons of this idea?  <response>: You have to be careful of the capital gains you will have to pay with the sale of a rental property, but this really depends on your short and long term goals. If you plan on using this rental income as supplemental income during retirement then you might want to stick it out and find other ways to pay down your mortgage. If you are just looking to be debt free as soon as possible then selling the rental might be the best decision. You might also want to check out rrealestate since this is a real estate specific question. Good Luck! 