Your money stays safe, but you won’t earn much in interest.Roth IRA:Excellent for long-term, tax-free growth — but contributions are capped each year, and pulling funds early can come with penalties (except for your original contributions).

You’ll still need to pay tax on depreciation recapture from the period it was rented.If you sell after March 2026, you’d lose the exclusion and the entire gain would generally be taxable.Oregon doesn’t impose an extra “penalty,” but it does follow federal rules pretty closely—so you’d owe state income tax on any taxable gain that isn’t excluded federally.In short: sell before March 2026 to qualify for the exclusion, and plan for some tax on the depreciation you took while it was a rental.Perfect advice, right on the money! 

PP penalty of 5 years.

If there is a $ penalty, have him pay it and give notice.

Hello,
I live in Southern California. I work a W2 job, and I'm looking to purchase an STR to offset my income taxes. We are really interested in Hawaii.

Kauai seems like a solid market. My price range is around $7...

Hello everyone! My name is Randy Kinder and I am getting ready to purchase my first multi-family live-in property in or near Orange County, CA. So far I have been looking at San Clemente, beach cities, or university...

Im tanner im 30 years old looking to learn

Both have seen significant growth as populations have moved north seeking more affordable rental options. 

Hey BP family! I'm an agent out of Birmingham under New Western and I'm hoping to connect with buyers, agents, contractors, and/or lenders out here! My mother was an agent and a flipper, so this is not a new industry ...

These penalties apply whether the defendant is the principal actor, attempted the offense, or conspired to commit fraud.