You can simply reinvest if you choose in other entities.What many people are planning to do is to refi closer to the 2026 or April 15, 2027 to provide liquidity when the deferred and reduced cap gain tax is actually due.

Hey guys,I have recently liquidated my local rental properties and am considering investing in a STR in Myrtle Beach.

Should I go with Floor and Decor / Lumber Liquidators or try to use another source?

Financial investing is personal, dependent on time frame, risk/reward comfort, liquidity (along the lines with time frame), and some other issues.

If there might be an issue getting approved going conventional or a lack of liquidity for a 20% downpayment, then look into hard money.

Congrats on being motivated to get started that is a big step into actually getting into this business is actually starting.When you say you have $112,000 as a budget is that the amount you have liquid in cash ready to deploy or is that the amount that you have been pre-approved for by a lender based on your liquid cash and reserves? 

These funds must be held in escrow/trust just like a security deposit, and cannot be liquidated or commingled with other funds.

I would love to scale and grow my portfolio as quickly as possible, but used the majority of my liquidity in a purchase a few months ago.

I don't have that liquid. 

I don’t have that kind of coinage liquid (hopefully I do in 5 years) and I wouldn’t want to use my own money anyway.