I’m gaining knowledge of costs to replace certain things in the house.

Thanks   I don't understand why you feel paying down your 6.625% mortgage is equivalent to 9% in stock gains before takes.

Oh got it, thanks for the explanation.I am not an accountant or attorney but from a  law point of view I believe that as long as the equity is bound in the property it is not realized capital gains so it won’t be taxed.You could structure it as a deferred payment due at some point in the future making it taxable at that point.

If you live in the property for two years and want to sell, you won't pay capital gains tax, so that is just another thing to keep in mind. 6.

Does anybody have ideas to where other areas in North Charleston are gaining traction?

Initially, we plan to invest in lower-risk opportunities such as arbitrage to gain a better understanding of the market.

Despite the project’s unique nature and impressive traction, securing traditional financing has proven challenging.

You also have the option of paying NO capital gains if you sell it within 5 years after move out.

As a result, I'll be selling my house and using the gains to put a down payment on a secondary house next to my current rental property.

IRS Publication 537 outlines installment sales (seller financing), which, depending on the seller's individual circumstances, can defer and sometimes reduce the amount of capital gain tax owed.