I recommend a paid consultation with your tax accountant or financial advisor.

@Kyong A Yee  As mentioned above, it depends on what the court order says, but just selling it seems like it would be a great financial win for her if she's struggling financially now.I see at least $200k equity, $100k each in gross proceeds (before taxes, closing costs etc). 

Great job getting started on this early, and you definitely have the right mindset going in.From a tax and strategy view, think of your first home as both a personal purchase and a future investment.

That’s insane.Protest your taxes people.

You don't want to be in a position where you take a huge 401K withdrawal that it puts you in a much higher tax bracket where the added tax you would pay would be more than the added return you would get with real estate than whatever your 401K is invested in.Your net worth is about $1,500,000.What are your annual living expenses?

This reminds me of a saying:"Stepping over dollars to save dimes"

Hey Zach,I am not a tax professional but I am in my 2nd househack and it is my understanding that you are correct on the washer and dryers.

You get an immediate $50,000 tax write-off.

It can save you money in some situations but not other situations, so it must be carefully analyzed by your CPA.

I came across this article from Kellogg Insight showing how online sports betting is eating into people’s savings.