I'm surprised they were able to do a 1031 under this structure.

Look for one that includes a training video to ensure you understand how to best use it.

@Brody Veilleux Loss harvesting in real estate allows you to offset capital gains by selling a property at a loss, which can also offset gains from stocks or other investments.

Making millions a year and often paying $0 in taxes.Short Term Rentals supercharge this:RE pros use cost segregation and bonus depreciation combined with leverage to create massive losses with minimal cash.Combined with 1031s and snowballing, you create a business that never pays tax.

A meetup would be cool.

I would forget about growing the portfolio and generational wealth until your husband finds a job and you reduce your credit card debt.Credit card debt has interest rates above 20%, there is a strong case that your rentals are not generating a 20% return.

I bought half a dozen of them.

Depending on the exact location, age, roof construction type, etc, there definitely could be a few things to watch out forAssuming the roof is of a reasonable age, it's still more than possible to cash flow with these properties, even after accounting for recent increases in insurance rates that we've seen.

During that time I also became a Managing Broker.

A shocking 0.001%.