I also recommend you discuss this with your tax advisor.There are many other alternative asset classes to invest SDIRA funds into. 

Alternatively, consider a cash-out refinance to access equity without triggering capital gains or explore a 1031 exchange to defer taxes by purchasing another investment property.This post does not create a CPA-Client relationship.

The strategy involves using the HELOC for a flip to generate fast cash, reinvesting profits into long-term rentals, or exploring alternative ventures like short-term rentals or partnerships.

Alternatively, transferring the property to a revocable trust provides income for your parents, avoids probate, and keeps you as a beneficiary, but it doesn’t allow for a 1031 exchange and could trigger gift tax.Focus on aligning the structure with your goals, whether for immediate reinvestment or estate planning, and ensure compliance with Connecticut laws.This post does not create a CPA-Client relationship.

Wasn’t Grant actually the one who turned Pace onto the forex scam that he lost like $900k on last year?

For ex: if i am fixing kitchen, i want to snap pic and attach it to that task.Were you able to find any app that could attach support?  

It's hard to place a price on something that has limited exposure in a market, with no comparable alternatives, but that doesn't make it worth more either.

<<I could alternatively leave it as an "open" loft, no powder room -so 1 bedroom/1bathroom + loft..... 

If traditional banks aren't providing favorable terms, consider alternative lenders like HML or PML.  

Alternatively, the Short-Term Rental (STR) loophole allows losses to offset W2 income if you materially participate.