At our firm (tax advisory) we are offering a service to help clients with this and we expect many tax/cpa/law firms will as well. 

I am about to graduate college in May 2025, and will be making about $120k (pre tax) in my full time job postgrad (Washington DC area).

Have a few arms due in about 5 years..those I will finance to fixed rate as rates lower. 

Be clear that you are terminating due to breach of contract, and they have no right to penalize you.

And it can work really well for you as long as you pay attention to the statute requirements.In order to defer all tax you are selling investment real estate and buying investment real estate of at least the same value you sold. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Quote from @Khaled El Dorry: I have a portfolio of 3 SFH's (2 in Jax and 1 in ocala) and 1 duplex in port charlotte (never flooded or damaged due to hurricanes) that have done very well for me.  

I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is  left with 12 years mortgage on the property to pay the bank.

What is the interest rate on borrowing compared to the rate you are earning, then take into consideration the tax consequences. 

“I’m literally the nation’s leading expert in tax liens and tax deeds,” he boasts in one installment.