Then you can reinvest w/no 1031 stress.The step-up in basis provision adjusts the value, or “cost basis,” of an inherited asset (stocks, bonds, real estate, etc.) when it is passed on, after death.

Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just goes into a taxable brokerage account where we use it to buy Berkshire Hathaway or Markel or some other stock that does not pay a dividend).That extra money was actually how we ended up buying this duplex - thought it might be a good way to diversify our investments.I was wondering if I could use net income from our duplex (assuming we have net income, and by net income I mean what we report to the IRS) to fund a solo 401k or some other kind of tax-advantaged plan?

This can potentially increase the value of your investment over time.Diversification: Investing in Florida real estate can provide diversification to your investment portfolio, as it offers exposure to a different asset class compared to stocks and bonds.However, like any investment, there are risks associated with investing in residential rental units in Florida, such as vacancy rates, property maintenance costs, and market fluctuations.

If return on equity approaches typical stock market returns, I would lean toward investing in the stock market, as there is less effort involved (though not necessarily less risk). 

I'm located in the Grand Rapids, Michigan area and am open to properties basically anywhere in southern Michigan (anything south of Muskegon from Lake Michigan to Lake Huron is fair game imo.)I now have a fairly large nest egg of cash beyond all of my other investments (stocks, bonds, treasuries, crypto) and I want to turn that cash into a real estate investment or investments and I think my deep background in tech, systems, and marketing should be able to help me substantially.It seems to me like BRRRR on multifamily units makes the most sense, but I'm open to suggestions.I'm basically retired at this point as the only work I do each week is 3-4 hours of consulting for larger tech companies and I'm on a couple advisory boards.What are the best first steps in building a team and creating the systems necessary to start making deals?

Our primary residence along with our vacation home is worth about $1.4 million, have a million in stocks etc.. credit score is 700+  How the heck do we get qualified for a loan? 

I would sell the lot, take the $200k and diversify into dividend-bearing stocks.

For me I am making sure all properties has DSCR above 0.9 and total portfolio is 1.4 dscr.My reserve is 50% of gross valuation of all portfolio.How to do this is to over leverage from the asset that I had from 10 years ago when money is cheap and refi with sub 3 percent rate, that money I reinvested to portfolio of dividend stock/etf that generates 15-30 percent cash flows.

Insuring old housing stock can certainly have an added insurance component. 

If you were investing in the stock market would you put $50K in one stock or 10 different stocks at $5000 each.