mrdecoys
Returning Member

Sale of rental property and retirement

 I just sold my rental property in Maryland last month.  I owned it for over 15 years. After taxes and all other expenses I expect to net around 110 k.
 
I can retire in October of this year, but I will have to take a supplemental social security payment until I'm 62 years old. If I retire in October will I loose some of the 110 k  I made from the house in penalties?