You get 500k of tax free gains on sale of primary home.

The appraisal price estimation I imagine the price estimate is the most valuable but when it is at value are there any other details in the appraisal report that can be used for a price reduction?

I share that personal story, not to throw shade on any who have had a bad experience with bad tenants on the program, because they do exist, but to shed light on how effective and life-changing it can be when the users leverage it as intended, and the landlord also gains by housing those types of tenants.

If you want rental property, you could take that equity and buy several houses better suited to renting.Selling now makes sense because you can also avoid the capital gains tax because you lived in the property 2 of the last 5 years. 

But then wouldn’t I be losing all the gained equity in our primary home?

Cost segregation is excellent for STRs because you can take it to offset the terrific gains on this type of property as well as off-setting it against W2 income if you are materially participating in its management. 

I’m particularly interested in wholesaling and partnering with experienced investors to gain knowledge and contribute to successful projects.As someone who owns a rental property in Oklahoma and currently resides in the DC area, I strongly desire to expand my investment portfolio, especially in Florida.

There are tons of valuable posts, learning materials, and great individuals here on Biggerposckets- so this is already a good start.

Any land that is worth $50k an acre is way to valuable to donate.

Open to insights from anyone with experience in the area – looking forward to building valuable connections here and achieving great results together.Thanks in advance to all who can help!