I have been listening to the Bigger Pockets podcast for years ever since I was in High school I have read a few of the classic real estate books.

I am currently trying to learn as much as possible by reading books and listening to podcasts.

I have some of the required funds in a HYSA, but will most likely need to draw from another account and I'm curious which method is the most efficient in terms of taxes/capital gains, penalties, loan repayments, etc.Based on my previous transactions in the market, I estimate ~$45k cash to close: $20k for the down payment, $15k for closing costs and prepaids, and $10k of starting reserves.

We don't pay vendors by credit card or cashapp because it is far too hard to keep the accounting straight with a high volume of transactions to do that. 

Roberto, was the transaction successful? 

It's really important that you work with an experienced loan officer or broker, especially on a time sensitive purchase transaction.

: A 1031 Exchange can defer a significant amount of capital gains tax, so it’s often worth it for high-value transactions.

., managing bookings or tenant interactions), which could subject it to self-employment tax.This post does not create a CPA-Client relationship.

I would suggest starting with reading the IRC book all the way through multiple times.

An agent told me that 9/10 transactions they handle are cash and not financed - so i think in this particular submarket going in with financing really weakens you.