I expect some deals are gonna pop up after the federal stimulus wears off and I want to be ready ...trying to extract some equity out of my portfolio without refinancing each individual loan ,that’s way too expensive.

@Vinod Palle Pentagon Federal Credit Union, Next Mark Credit Union, and Tower FCU

Mike - no doubt the folks making over $400k worked for that money and I certainly don't advocate giving it all to the government, but just some quick math based on effective tax rates versus the marginal rate of 37% you mentioned.....if a couple is married filing jointly and they had $400k in w2 income and took the standard deduction, their effective federal tax rate would "only" be 22.5%, roughly $90k federal taxes on $400k in income.

Issues:  Being a small business owner of businesses that have alot of expenses, it is easy for me to keep my taxable income down, and by down i mean WAY down. 

Essentially this means you take their existing property and exchange it for a home of equal value without having to pay capital gains tax and any other federal income taxes (I am not a CPA but I live in San Diego as well and can recommend a great CPA who does a ton of 1031 exchanges and could explain it much better!).

How is your LLC treated for federal income tax purposes? 

As I understand it we can reduce our taxable gain by 50% from living in it for 1/2 the time as long as we sell it by October.

Both at the federal and state level.

Income includes: annualized income from full and part-time employment, taxable and nontaxable income, earnings, overtime, bonuses, dividends, interest annuities, pensions, VA 2 HO Announcement |2020.01 compensation, commissions, deferred income, welfare payments, Social Security benefits, disability payments, alimony, child-support payments, public assistance, sick pay, unemployment compensation, income received from trusts, net rental income from the subject property, business activities, investments, and all other sources of income.

I recently applied for a loan through my credit union, Affinity Plus Federal Credit Union.