Does anybody have experience with it? 

Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.

Talk to people in your RE meetups or local community bc its those individuals who may have a deal that could be ideal to your buy box.

House hacking will also give you some personal "property management" experience.

I was doing a bit a research and saw that its vacancy rate is pretty high according to: https://infogram.com/vacancy-r...What do you guys see in this market from your experience?

However, after meeting with a friend who has real estate experience he mentioned that he predicts in about 12-18 months there will be a downturn of the market and an influx of foreclosures due to the pandemic forebearance.I now feel like our momentum and excitement has come to a screeching halt and I am unsure of whether or not to invest in this market.I understand long term the market works itself out, however, if I bought this multifamily unit on my current income, I cannot afford for the rental market to depreciate as well which is my fear.The mortgage would be about 4K.

House hacking will also give you some personal "property management" experience.

@Patrick Forelli @Wyatt Wolff - The location of your CPA isn't as crucial as their experience with real estate.

Would like to have your first name, a photo of you, and a paragraph about your experience doing a 1031 exchange.

While I understand that some individuals utilize LLCs for anonymity, my primary goal is to prevent these properties from falling into disrepair or becoming abandoned assets in the city.Would it be appropriate to contact these lawyers to discuss the status of their clients' properties?