Does it outweigh paying the capital gains tax?

The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.  

Start with one property to gain confidence before scaling.

I've done a few 1031 exchanges, they are a valuable tool!

I will continue my due diligence process and you both have helped me gain more confidence with my decision to start working with Praxis.

BarronFrom my experience, selling a property can free up equity for reinvestment but might disrupt tenants or result in losing a valuable asset.

Finally, network with other investors and start small to gain experience.

ESPECIALLY if you’ve lived in any of them 2 of the last 5 years and can take the tax free gain. 

Why This Matters: A Cultural Heritage Endowment Leveraging Time for Economic GrowthThe purpose of this initiative extends beyond creating affordable housing or financial returns—it’s about leveraging time, the most valuable resource, to create enduring cultural and economic value.

@Michael Baum @Grant Woodward @John Underwood @Bruce Woodruff @Terry Ouimet   @Andrew Street @Patricia Andriolo-Bull @Andrew Steffens @Jake Baker Appreciate all the valuable input from your experience!