The more experience earned, you gain insight into comparables, learn neighborhoods, get better and better in determining a real deal from a stinker.Sounds like you earned a little break now!

He doesn't cut a big portion of capital gain taxes all at once to the IRS, 3.

Real estate investing can be an effective way to build long-term wealth, and among the various strategies, one has gained significant popularity over the years: BRRRR.

For short-term gains, options like private lending, where your IRA acts as the lender, can provide consistent returns through interest payments.

I haven't lived in it long enough to be exempt from capital gains, good point on that.

As you get to this point your gaining more confidence in the options because you know option A and B had a certain outcome that wasn't option C, and this would give you more confidence you're doing the right thing for you.From there, I would be identifying properties to acquire if you don't already have some in mind and then my next sheet is creating the plan.

Did the proceeds from the sale count as short term or long term capital gains?

However, this allowed me to gain initial experience and confidence without being overwhelmed by managing multiple platforms simultaneously.

I think I would try to get past the one-year mark for capital gains then sell it.

The bottom line is that there is a very small positive financial gain resulting from utilizing this method.