High borrowing costs right now, so have to look at what you're able to produce vs the borrowing cost. 1031ing can be a super powerful strategy, but there are time constraints involved.

I have gone to numerous RE meetups and discussed numerous ADU appraisals and was heavily involved analyzing one (that gave a value of ~$50k for a ~400’ garage conversion 1/1.  

I’ve been involved in lending for a while and know that financing can sometimes be a bottleneck.

Originally posted by @Mia Shlomit: Alas - the new ordinance turned this property too into a rent stabilized one. 

I’m self managing myself but the tax side of it is a little confusing to me but I’m recording everything involved as far as maintenance, traveling, expenses etc. just want to know what some people would do in my situation or what to I can benefit from come tax season  @Angelo LlamasI recommend that you find a real estate accountant to help you understand and prepare your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 

Paul involves attending meetups and joining REIAs, working with professionals like CPAs, lawyers, and agents.

We hope to create a win-win-win scenario for all involved and it's always a learning lesson when that doesn't happen. 

The big one to read up on is the NYS Housing Stability and Tenant Protection Act of 2019. 

Pete area and am very involved in the market here, especially in analyzing rental properties. 

Are there people in Fort Worth that are actively involved in wholesaling and/or fixing fliping?