But I don't think this transaction is going to be the one that starts kick starts things with deferring tax.

Hi Gabriel,I agree with what @Zev J. said; it depends on your current situation and your goals.Doing a fix & flip has the potential to provide a more immediate boost to your liquidity, but because the exit is a sale, you won't be building up a portfolio of investment properties that provide cash flow.On the other hand, buying and renting a property is unlikely to provide you with a large influx of cash like a potential fix & flip, but it does carry the potential to provide a steady stream of income and kickstart the accumulation of income-producing properties.Best,Michael

Way to kick start 2021! 

We are looking for our first deal to kick start our REI career and I originally wanted to buy a duplex in Florida and house-hack but realized we likely won’t find financing because when we move down, there will be a period between fire departments and won’t be able to provide a pay stub for the new department or anything.

I have been interested in real estate investing for quite a while and am finally looking to get some experience in the field to kickstart my career.

If you have decided to go out of state, try to explore a few turnkey companies to kickstart your journey.

I currently own a SFH in Philly and am looking to kickstart my foray into REI by renting it out and house hacking a multi-family property (up to 4 units).

Though my thought process behind pursuing a multifamily was to houseback to have a large portion of my living expenses covered while "kick-starting" my real estate investment journey, I feel I may be missing something (or just scared).

That claim is worth $1,800 in tax credits each year according to our accountant.Would like some advice if this property can help us kickstart our REI business and get us to start investing in another property?

And yes, this is to kick start the flip business but I appreciate the advice on keeping a few of the properties along the way.