He might have some policies which hurt business, but like the stock market, I too am bullish on his overall impact on the economy and real estate.OVERALL ECONOMYStimulus: with Democrats in power, we can expect to see more COVID relief, stimulus checks, small business relief and faster COVID control - all of which will help the economy in the short term (sidestepping any discussion of long term debt increases)Infrastructure spending: most presidents promise this, but few deliver.

The shorter term means less cashflow but you build equity faster and pay less overall interest. 

It took me 9 years of buying properties to replace my salary with rental income, which I’m happy about it and own a lot of my properties free and clear now, but could have achieved my goal much faster if I embraced good debt and went bigger earlier on.  

Would you take out a mortgage on your rental property and continue to takeout mortgages on different properties OR pay the rental in full and use the tenants rent to pay off your HELOC faster?

Yes, appreciation is also happening, but if it is substantial, I would always opt to use the equity to borrow more money and buy more properties to get to the Time Freedom Point faster.

I joined just because I needed a part time friendly option and found so much value, community, collaboration, and opportunity for growth that it's moving me toward my goals faster than before.  

Elimination of real-estate tax breaksThe Biden tax plan would:(1) eliminate the $25,000 exemption from the passive loss rules for rental real estate losses incurred by middle-income individuals, (2) eliminate Section 1031 like-kind exchanges that allow deferral of capital gains taxes on swaps of appreciated real property, (3) eliminate rules that allow faster depreciation write-offs for certain real property, and (4) eliminate qualified business income (QBI) deductions for profitable rental real estate activities.

It will not only eliminate / drastically reduce the average American's biggest expense (housing), but position you to save exponentially faster. 

. - eliminate the $25,000 exemption from passive loss- eliminate section 1031 like-kind exchanges that allow deferral of capital gains- eliminate rules that allow faster deprciaion write offs (I assume this is geared toward killing oppertunity zones)- eliminate qualified business income deductions for profitable real estate activity- elimination of basis step-up for inheritance I wanted to see if anyone is planning to make any changes or take any specific action mitigate any of these?

I'm biased to this because I'm a lender myself so I will say better to contact a loan officer because the service you will get will most likely be a lot better and more importantly faster (rates are going up like crazy specially in the past few days).