You can get up to 10k PENALTY-FREE which is 10% on top of taxes.If you use a Self Directed IRA (SDIRA) you may be able to use the 9k as a down payment but I would argue this is going to be more complex, especially as a first-time investor. 

@Becca Pariser most listing agents discuss seller financing when listing as it’s a field in the listing data sheet - seller financing: none.

While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks​​.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.

Investors are buying the property in the area and have bought the apartment complex next to my property and several houses down.

Creating these complex structures from what I have experienced only costs me time and money and potential issues down the line to make sure documents are signed by the correct people and entities etc.

300 jobs isn't a lot to bring to Memphis for a $3-4 billion dollar project (it doesn't take much to run a data center). personally I'm a musk fan, but we have to consider the ramifications to demanding this much energy.

It does not directly offset it, the mechanics are complex, but you should benefit from the $50k losses, resulting in no additional taxes from the sale.

hey - im also in fort lauderdale u can dm me if you need another set of eyes on that deal  - be very careful flipping in this market - check local data, dom etc so you dont get stuck on the market 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $185,000

Cash invested: $54,000

Bought to rehab, and turn into a Short term rental in a market that has no single f...

I am not sure if anyone ever cared to pull together the data but I am quite confident in saying a study that compared licensed to unlicensed contractors would tell the story of unlicensed contractors seeking greater deposits in relation to total project costs than those with all proper licenses.