When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

If you have any additional advice please let me know!

.- Access to funds: I could consider a cash-out refinance or a HELOC to access funds for additional investments.- which property would you recommended me to keep? 

Spokane has recently changed zoning and development policies to be much more friendly to making additions so you won't be fighting too much red tape.

Return:Finishing the basement and adding bedrooms can add significant value, especially if your local market places a premium on additional living space.

Additionally, Airbnb’s policies support hosts when guests do not comply with house rules.

So after speaking with our cpa we have decided now will be the time to sell and avoid capital gains tax ! 

.✔ Avoid Surprises – Owners expect clarity on additional charges.

For an additional $450 they will include the required engineering seals.

Hey Anthony, yeah just some additional details.