Talk to a CPA to see how each scenario plays out.A 401K continues to grow in value, but what do you live on? 

I'm an experienced builder and developer looking to network with other developers, investors, and syndicators. 

Our CPA told us that we would not be able to deduct interest from a HELOC if the funds were used for anything other than improving the property in which the equity is the source of the loan.  

While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.

Last but not least....A few members in replies have already mentioned why it makes sense to hold…….I very much appreciate ALL FEEDBACK, however I think it will be helpful to provide some added context as to why I am absolutely certain (and my CPA’s are convinced as well) on my decision to liquidate the entire portfolio and onceAs I educate clients on daily, income tax brackets as well as long term capital gain tax brackets in our country are more favorable right now than they've been at any point in the past 80 years.

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I'm located in Dallas, TX, and looking to network with other like-minded individuals.

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

For networking and education, I recommend checking out CIREIA (Central Indiana Real Estate Investors Association).

*This post does not create a CPA-client relationship.