It’s a great way to lower your living expenses while gaining experience as a landlord.

Are there some other ways I can offset the rental income so we do not have a big tax bill from the gains?

The new data shows that a number of Austin suburbs with at least 5,000 people logged big gains: Dripping Springs (23.3%), Liberty Hill (14.9%), Georgetown (10.6%), Kyle (9%) and Leander (7.6%).

Biggest gains are if you do it out of your IRAs.

A friend of mine invested in one last year—apartments upstairs, a small coffee shop downstairs - and the combination of income streams made it a steady performer.Scaling with a 1031 Exchange:While not applicable unless you sell a property, planning for a 1031 exchange could help you scale quickly while avoiding capital gains taxes.

Then you get to pay capital gains as well.

By being physically present, you can gain valuable insights into the property's operations, interact with residents, and assess the team's performance.

It's like only using weight to measure fitness.

No capital gains in Belize.  

Many of them use RE crowdfunding platforms to gain more exposure.