Alot on information on offsetting W-2 income but not much on 1099-R income...

[Michell Chase]

I am currently drinking from a fire house on everything investment real estate.  Closing on my first investment duplex this week and looking for my 2nd.   I hear a lot about ways to 'off set' your W-2 income etc..   I am retired and collecting a pension and access to 401k funds (1099-R income)...so I am wondering how all of the information I am hearing about tax benefits as it pertains to W2 incoming applies to my 1099-R income.  I don't necessarily have specific questions because I am just learning everything.  My investment property is in upstate NY and I live out of state and am managing myself (via my brother that lives in town), not a house hack, long term rental on both sides.