Without knowing the specifics of your situation, typically real estate can offset 1099R income but I wouldn't use this as a blanket statement.

I work for a brokerage company called Aurumy's where we get a ton of off and on market properties that need flipped or make good rentals.I'm also a licensed agent so I would love to connect with more agents in the area!

I did a bit of research and wondering if the current interest rates, high real estate prices, and weak 12-14 week rental period make it a bad investment.

But, it also doesn't distinguish between positive and negative statements.

You'd have to make sure the numbers work for you.

Reach out if you’d like to discuss the process further and get you prepared.I seek a product that shortens the 3 weeks down to 1 day where the lender makes the decision based on criteria that will be real in the future and is easy validatable when everyone is at the closing table. 

Not a booking strategy, but make sure you have a strong vendor management process.

We wanted to run plumbing to the back so that we could make a livable dwelling and rent it out.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

More likely they join the 99% + who “try” wholesaling and never make a deal.