I think most successful investors would tell you that, while you need to take tax into account in your decisions, you shouldn't make a decision based on that alone.

It sounds like you've gotten some solid direction above, but a few flags stood out to me in the above discussions and I wanted to point them out to help make your decision.- You mentioned this sale is tax free 121 exclusion, which is great, and seems like a solid start to your goal.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.

However, I saw enough that I believe that the information available is so imperfect and subject to interpretation that large losses would be an inevitable part of the program, as well as large gains.  

I’ve built a 12-door portfolio here since 2019, and it’s been one of the best decisions I’ve made in real estate.If you’d like to dive deeper into Detroit-specific strategies or need some pointers on how to get started, feel free to reach out!

I know it's a balance of reality, values, and what makes one happy that guide our decisions.

The economic investment being made there with Semiconductor chip factories was one of the driving decisions of my investment purchase.

We decided to outsource major tasks such as septic installation, plumbing, heating, and carpentry, while handling smaller projects ourselves—a decision that proved beneficial.

.- Standardized Renovation Models: Establishing a clear scope of work for different property types can help manage costs and reduce unnecessary decisions.

Or taken in escrow.Free and clear you have an asset, you need to answer some numbers, before you make a decision.

Ultimately, the decision should align with your long-term and short-term goals.