With the massive Taiwanese semiconductor plant under construction in Phoenix, bringing billions in investment and thousands of jobs, how significant do you think the ripple effect will be on the local real estate market?

This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions. 

We want to plan in the most tax vantaged ways (which includes keeping future AGI as low as possible) and open to new-age and creative concepts.Respectfully ask to keep discussion to topic vs. selling one's self or services seeking new business.

This is still under construction and the pictures are obviously rough edits but you can see why this template is so effective.

Since we only lend our own hard-earned money, this gives us the confidence that they are the kind of people with whom we want to do business—and vice versa.Most people are good people, but occasionally, we meet a stinker.

I'm happy to share some tips about purchasing an STR in a different state.I joined Stayly Academy, which helped me secure a lease property under my business name and utilize it for short-term rentals.

It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.

Would that lower our tax liability from other income we receive or no because this is purely RE and not an operating business?

@Matthew McleanBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

My role with this MF company is to manage the design, construction of the GC's and opening of the properties.