You then will pay some long term capital gains, but you also have to take depreciation recapture. 

It’s definitely smart to evaluate the tax and cost implications of your funding options.

However, for future purchases as investments or otherwise, as a Realtor, I never take a commission on my purchases.For one, I don't want to pay taxes on it or split it with my brokerage. 

Since the loan is still in your name, you can deduct the interest you’re paying to the lenderon your tax return... 

@Parmesh P. there is no such TDA paying 7% or even 6% long term,5 years or longer.

I used $80k to pay off personal debts and $50k to remodel it by myself with my two hands.

., I left Anderson for a small firm that will do the actual taxes and then another company that specializes in tax strategy. 

Of course to maximize your tax benefit it needs to be sustainable over time. 

Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

I assume there is zero or almost zero appreciation and that’s the reason you aren’t selling tax free?