Balancing tax implications with potential income

[Wyatt A Brady]

Hey guys-

Im still new to posting on BP, hope no one minds if I share some personal numbers, but I could really use some calmer heads on this before I go crazy.

I was all set to start visiting a property, and I started looking into my tax implications to sell a mutual fund which will be my down payment:

1) Bought shares in late April 2020

2) Made about 30% since then, (lucky timing on the buy, I know...)

3) My current value is about $140k, and I need about $100k (71% of the fund balance) to close this deal. Made about 32k on top of principal in the market.

4) Rough estimates in the 22% tax bracket, selling 71% of the fund (and 71% of 32k capital gains which is $22,720) is $4998. Long- term tax bill would be $3408... I think.

NOW, I've got a house that I am very interested in, which could cash flow about $600-1400/mo. As excited as I was, I told the realtor to call of the showing, so we can wait until a late-April closing. Couldnt see the sense in taking extra taxes to make $600 a month.

Am I crazy? Are my calculations even correct?