State taxes may also apply.To minimize taxes, aim to reinvest the full proceeds into the replacement property, including closing costs and fees.

While we faced minor delays with contractor scheduling, strong project management minimized impact.

It’s also great that you already have equity in your primary residence and cash available—those are valuable resources for getting started.If you’re considering a multifamily property, house hacking could be a great way to dip your toes into investing while minimizing risks.

Collecting rent, preserving the asset, minimizing vacancy.

I am not sure which is best for our situation or what to pitch.

House hacking is a fantastic way to start building wealth while minimizing risk.

It's been so bad here, that I bought an STR in Indiana with another business partner in 2024 because there are minimal opportunities here - unless you have the ability and budget to extensively source off market properties here.  

They do minimal at best verification of the data the applicant provides.

And, considering market shifts.. what’s your approach to minimizing risks over the next two years? 

Tax StrategyWhile liquidating the brokerage account may trigger capital gains taxes, strategies like staggered withdrawals or tax-loss harvesting can help minimize the impact.