The property was held for 25 months and sold.

Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties. We are trying to not use our retirement funds. Are there any strategies...

@Travis TimmonsI had the same reaction as you did, but I held off on posting since I don't yet invest in STRs (I'm all LTR so far, and looking into my first MTR).Buying an STR "to offset income" makes me nervous as well...

Looking back 7-8 years from when I did that, if I had held on to the one property between cash flow and appreciation, I'm not sure I'd be any further ahead. 

Weekly coffee held every friday from 7-8:30 at smokey row on cottage grove held by Darson Grantham  Monthly meeting second Tuesday of every month from 5-7 at Keg Stand (they did re brand & it is named differently now) but that is where it is held.

The ownership of your relinquished property and your replacement property may be owned or held by the same taxpayer as opposed to different taxpayers.

I do not personally originate loans.

You now don't seem like the type of person most of us would accept a recommendation from.

(taxes would be extreme, especially for the properties held since 2000's.)

You missed an important item: Depending on how a person does #1 or #2, it could get them: A fast-pass to the "Principles Office" for "bullying" and now there sitting in "detention"....