Mortgage interest rates are not “calming down” as I said last week.

.- Capital losses can offset gains (Short term offsets short-term and long-term offsets long-term)- Tax loss harvesting - If you have other investments (At a loss) sometimes you're able to sell them and offset your gain- Charitable giving- Paper losses from your investment propertyWith some more information, we can hone in on which options would be applicable for you.Hope this helps!

No appreciation last two years due to rates.

Keep in mind, the transactional costs of selling a property in Philadelphia with the high transfer taxes and brokerage fees (althoug these are expected to be reduced in light of the landmark NAR settlement that occurred yesterday), adds additional transactional costs, especially in instances where the home was purchased as recently as last year as is the case with your home.

Adding onto what Kieran mentioned above.In the Bay Area in general, and same too in San Jose - it's an appreciation market (properties in San Jose appreciated 12.1% last year).

Lastly, review Dave Meyer’s The State of Real Estate Investing Report 2024 (in your resource page as a member of BiggerPockets!)

So they are often overstretched with resources to reply to offers or buyers.I think when we last conversed was a few years back.

I have been looking to purchase a second property as an investment for about one year now and it wasn't until last year that I began actually touring multiunits in Chicago and in the Chicagoland suburbs.  

Hey there, I love your predicament because I am currently facing a similar situation, but I will offer my thought and what is motivating my decision. hopefully this could be helpful.we bought during the pandemic and locked in 2.25% rate. last thing I want to do is mess this rate. now with appreciation of almost $200,000 I am wondering what to do especially having created a new llc to focus on STR, flips,BRRRR and home maintenance. in taking this decision I believe you should consider location, which I think from your writeup suggest it's a strong area in terms of appreciation. next question is what market are you looking to invest in STR?

I've been in SMF for the last 5 years in a nearby market and studying this location for the last 2.