Do I try to learn how to become an Airbnb host + gain STR experience and try to do it in my market?

Our goal is to utilize the appreciation we've gained to re-invest in something more active and produce a higher income. 

With the market, I (like most) have gained a fair bit of equity over the last few years.

It is definitely a team effort once you get started, then as you learn you will gain traction.

Over the past 4 years, I've gained a significant amount of experience including a large respect for how important it is to truly understand your market & have many personal connections with people operating within it (Agents, Wholesalers, Contractors, Subs, PM's etc). 

Over the past 4 years, I've gained a significant amount of experience including a large respect for how important it is to truly understand your market & have many personal connections with people operating within it (Agents, Wholesalers, Contractors, Subs, PM's etc).

Would that wipe out all cap gains and the depreciation recapture 25% tax?

I realize that probably the best way to gain this knowledge is with consistent experience. 

Think long term benefit rather than short term gain. 

In 2021,I was doing a backdoor IRA for the first time and incorrectly did a re-characterization for $6000 instead of conversion,I realized the mistake and corrected if after few days, in the mean time the value has gone down to $5779,I did not have any gains, now i got a 1099-R for my Roth IRA for the incorrect conversion?