I have to decide if im going to use a new injection of capital from the sale of my primary residence to:1) Hold in treasury bills at 4.5 percent until I find another property to purchase2) Pay off one of two existing mortgages, one at 3.75 percent and another at 4.5 percent3) Just find something to buy that beats either of those percentages on paper and be done with it4) Possibly loan out some hard money/broker it to a friend to allocateIts never an easy decision, but its a good problem to have.

You could also offer to cover part of their tax liability through negotiation or encourage them to convert the property into their primary residence to use the IRS exclusion for up to $250K/$500K in gains.

My problem is Form 3115 and the -4 election (I think) because I want/need to aggregate my properties but also "pay myself" for one of these for use in my Property Management LLC that leases from me and uses the home as a Recovery Residence(housing only/no services provided)Is there anyone that has experince or would be able to point me in the right direction toward someone who can wrpa up these two issues on my taxes?

Of course, to complicate matters (and here starts my dilemma), I am also rebuilding on my primary residence.

We're interested in a primary residence home purchase using a RE attorney and hiring a buyer's RE on an hourly basis.

I could fly home to take care of my parents with zero notice and stay for a month, or two.

Investment Info:Single-family residence buy & hold investment.

The northland (as north of the river is often called) is also a burgeoning home to massive data centers including one built by Facebook’s parent Meta and also has charming and distinctive downtowns including North Kansas City and Parkville.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence fix & flip investment.