Land Purchase Refi

[David Allday]

I purchased land with a 2400 sq ft. shop in 2022 for $100,000. The property appraised 3X what I purchased so I recently did a cash out refi and will have a new loan of $200,000. I will use the roughly $100,000 of equity to invest in other properties. I plan to keep the shop and a little piece of the land while selling the remaining acreage. I will sell enough acres on the property to total $200,000 which equals my refi loan balance.

So, does the method I use help any with taxes/capital gains? Or will it still show $100,000 profit and have to pay capital gains on the $100,000?

Thanks