Most of my wealth is in retirement savings, a taxable investment account, and my house.

Plus, you get to depreciate the properties by 3.3% a year on your taxes - saving you $26k-40k of taxable income as well… all while your tenants pay down your mortgage with their money.  

We used our good friend, Jon Schwartz’s, househack calculator to give you the best illustration of a duplex investment property in Astoria.

The condos I am planning to invest all yields less than 1% when following the 2% rule.NOI ~14,000The rental calculator told me I won’t be having positive cash flow until 4 years after purchase.

Does anyone have advice regarding doing a 1031 exchange, where the goal is to take title back as an individual and dissolve the LLC that the relinquished property was held in (without triggering a taxable event)?

When did you enter, what type of property, what is the goal, where would you place the gains, what are taxable events associated with the exit, and more. 

Calculate the size of front and back, then do the math.

I need help with how to send out offers for wholesale deals, how to evaluate the property before making an offer, and how to calculate the numbers.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.