The first tax benefit of real estate is that the cash-flow and appreciation grow tax free(in general).Cash flow will likely be offset by depreciation and appreciation is not taxed.If you are making 8% on real estate(combined cash flow and appreciation), you money will double  in 9 years.If you make 12% on real estate, your money will double in 6 years.There are other strategies in real estate(time involved in real estate) where you can create 'paper-losses' to decrease your W-2 wages, interest, dividends.I normally don't like this route too much as I think people can focus their time and attention more on other tasks that can generate a higher hourly return.Best of luck.

Feel free to connect. 

We're not in Sacramento yet, but feel free to DM me and I'd be glad to chat through your project and see if I can be helpful as a resource.

Feel free to reach out, I am happy to chat.

they will get the first $500K of profit tax free. 

Hey @Stephanie Tudino, feel free to reach out if you'd like to chat!

I hope this helps a bit, but feel free to send me a DM if I can be of further assistance.

Feel free to reach out if you need any advice. 

Feel free to reach out if you have any questions. 

Rentometer is fairly good and free for first couple.