To be very clear, Revenue Ruling 2023-2 does not impact those utilizing Revocable Living Trusts.

The shorter the prepayment term has an impact on increasing the rate.4.

Hi Alex,You're right that what you do with the sale profits (like paying off another loan) doesn’t impact your capital gains tax treatment.

If the property is paid in cash and later a mortgage is secured does it impact the UBIT question above ?    

Additionally, how will it impact the sale prices?

What's most impactful about truly learning neighborhoods is the ability to identify a "C" neighborhood that has the potential or is actively becoming a "B" neighborhood.

While renovations and other expenditures can be capitalized (and in some scenarios deducted) when you classify property as a rental, that might not be a significant impact if you intend to sell the property soon and can qualify for the 2 out of 5 year deduction for primary residences. 

Of course, the Federal Reserve's QT also impacts the supply side and can cause price changes that are not one-for-one with changes to base rates like the fed funds rate.I find it so interesting that you can have spread widening at times when rates are going down.

Make sure you know the impact that adding an ADU will have on any rent control.  

One thing I didn't mention earlier, but came up again is the impact of CapEx savings.