(As AZ and your current state will fight over who gets to tax your gains with the federal government.)I have to throw most of the shade on your horrible tax guy/cpa who didn’t tell you renting it out was a $50-$100k mistake. 

If you think ahead, you can minimize recapture with the right tax planning.So what is recapture?

Is $107k your true net, or do you have any other expenses (mortgage, taxes, lodging taxes and fees, insurance, utilities, landscaping, WiFi, etc.)?

I'm looking for referrals for a custodian, tax attorney, and a CPA to set one up and advise me.

I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible. 

The property owner's tax professional can help them with that and ensure they don't pay taxes twice on the same income.Disclaimer: My advice/opinion in this post is just that, my opinion.

Even if you only owe $26,000 on the loan, your payment will still be the same.

Any tax pro who is familiar with REI will be able to help you.

Areas near oil production hubs could experience economic booms, creating localized opportunities for real estate investments.Beyond these broader economic initiatives, Bessent has been vocal about extending or even expanding the 2017 Tax Cuts and Jobs Act (TCJA).

I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals.