@Robert Lum  you bet you can troll around a site like BP read their books listen to the pod cast of those that are successful and talk about their business's.. its inspiring and motivational.but if you really want to learn the nuts and bolts you need to get in the game.the best and least expensive way to do that is to simply take a pre license course in your state.. learn the laws ( the real laws not the BS that is talk about on line).. terminology etc. then go to work with a brokerage in the aspect of Real estate that interest  you.. there you will get REAL training by those that are successful you get on a team.. you get paid as you learn.

Since 1031 is tax deferral, I assume the gain is calculated with the likely substantially lower basis from the pre 1031 property acquisition + additional cost over the years.And yes, recapture all depreciation ( on both prop before and after 1031) make sense.

New construction is a fraction of what it was pre-covid even. 

Marina, I should also mention that you can meet our staff at the MidAtlantic Summit and as a fund investor you'll be invited to tour our office at our pre-Summit open house event.

If you think you're just going to go in and fix some drywall and resell a house in 60 days in neighborhoods that were battered by the storm for an ARV based on pre-storm sales, you are in for a rude awakening.

My recommendation is to get a side gig or second job, and start putting pre-paying the mortgage by rounding up then re-casting every 18-30 months with some more size.

I received a bachelors degree from Mercyhurst University and have wrestled from pre-school all the way through college. 

With the stock market literally about to do a huge correction pre election I think there will be quite a bit of money to be made on shorts.

@Roberto Kattan- 1) locate a realtor for the  Roch rea thats   familair with  invesment props  ...they can  help immensely    2)  if you will need  to use  financing - make sure ou are  fully pre approved  

Using a Self-Directed IRA (SDIRA) allows pre-tax dollars to grow tax-deferred in real estate, but limits flexibility due to IRS rules and potential UBIT on leveraged properties.Investing through a Roth IRA offers tax-free growth and no RMDs, but funding limits and restrictions apply.