I have found that those who have house hacked are far further out than those who want to get into RE just for the sake of real estate investing.

That's $1680 per year for QBO, plus my Bookeeper at another $500 a month to log monthly statements, break down loan payments, and reconcile.

However, the IRS may scrutinize exchanges if the holding period post-transfer is too short (typically 12-24 months recommended).If one partner wants to defer capital gains while the other prefers cash, the deferring partner could reinvest their share into a Qualified Opportunity Zone (QOZ) fund, which can defer and reduce taxable gains if held for at least 10 years.

You are aware that PadSplit requires you to convert your living and dining rooms into additional bedrooms, right? 

I have a very good friend who has been pushing me to get into Real Estate inventing for years.

LOLLet's break this down, shall we.

With a bit of planning and good operations, one can easily manage 20 to 30 properties without an assistant, with less than a day or two a month.There's lots of automated ways to check on rent, make deposits (my tenants deposit directly into a bank account), receive maintenance requests, have maintenance done, etc., etc.One thing I could argue is to have your tenants ONLY email you, especially for maintenance requests, and that email goes directly to the vendor that you have set up to handle it.

Don’t let these companies confuse you into thinking they are required.

I think my own research says that I cannot reap the benefit because you would have to have put the property into a fund upon purchase.   

Quote from @Andrew McArthur: Hi all, I'm from Toronto and been doing research into South Carolina's Multifamily market, specifically Greenville, Charleston, Columbia.