Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.

If you sell it, you get $250k single / $500k married exemptions from capital gains.Speak with a tax professional about how much you'll save in taxes by doing this. 

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

Are there any tax implications or considerations for Canadian investors investing in the U.S. through an LP?

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

You’ll have 45 days from your sale to identify them and you’ll have to buy enough of them, and only them, within 180 days of your sale to meet your 1.1M requirement, or face taxes.

There are less taxes in Alberta too.

How much is your house worth and how much do you owe?

Often times you will pay much more in taxes than if you pulled the money out, paid the taxes and penalty and then started investing in real estate.For example, with the financing you mentioned, the IRA must pay taxes on the portion of the profit earned by financing. 

Your equity doesn’t matter in the taxes or decision.