Let brokerage grow, tenants pay down mortgage, and save up for another property organically (Cons - slow growth, waisting equity// Pros - low risk)2) Cash out the $300k brokerage account, pay off the townhouse, start cash-flowing $2,400/mo, and save up for new investment or 1031 into multi family(Cons - cap gains tax on cash out, high Oregon income tax penalty, hard to find deals being $2,400 monthly cash flow) // Pros- cash flow, increased leverage into large investment)3) Cash out $300k brokerage and put into separate Multi Fam property, hoping for $2,400/mo+ cash flow, keep townhouse rented as is (Cons - cap gains tax on cash out, not utilizing equity PROs - increase portfolio value, higher upside with value add or rent increase on new units?)

There are a couple of unique tax laws to real estate investors - 1031 exchange, bonus depreciation on certain improvements, Qualified Opportunity Zones, real estate professional status, etc.Make sure that the accountant you interview to understand the above concepts.best of luck!

I've agreed to pay the reinstatement amount in exchange for them signing the deed over to me.

I’m interested in connecting with investors who want to explore remote investment opportunities (internationally), especially in Europe, and specifically in the Netherlands.I firmly believe that collaboration and the exchange of experiences can lead to great results for everyone.

Own the property free and clear in exchange for business line of credit.

I would reinvest in a another property and use a 1031 exchange to detour taxes.   

Quote from @Marcus Ball: After struggling with local rehab properties in California, I switched to build-to-rent developers and chose a 1031 exchange.

Rent then 1031.  2.   

Let’s Connect and discover ways to Work together, exchange Ideas, and create Value for each other’s Goals.Thank you, and I look forward to hearing from you!

I went with Cornerstone Davis Kangas took care of the 1031 exchange.