@Brian Raike Revisit your goals which you state include cash flow in the future.

Hi Raquel,You should consider closing these as two separate transactions to eliminate a potential partial release fee in the future.

The future is unknowable. 

I think long term future trends will continue to support affordable real estate markets. 

Let me know how I can support you in building the life and future you deserve.

Since this is my first property I consider it the foundation of my future investments.

I think they’re gold mines and I’ve heard of some others that are  catching on.

The tax benefits have been the largest source for cash income so far; in future years this will likely be lower because much of our tax savings has been due to one-time costs related to purchasing and furnishing a new property.

If not what is the best way to reduce my tax payment to what it was originally and is it possible to prevent increases in the future?

@Joseph Henry Renting could net you $2800/month and offer tax benefits like depreciation, but you'll face future maintenance costs for the furnace, A/C, and roof.