You didn't mention getting debt for a portion of the purchase price.

After we move in 4-5 years, I would rent out both units.Pros:Potential for long-term appreciation in San Diego.Cons:The property will not cash flow enough to cover the mortgage while we are living there.After we move, it would provide very low returns and minimal cash flow.Would require a significant portion of my liquidity, making it harder to invest elsewhere and grow my rental portfolio.2.

By purchasing property within the IRA, you can use non-recourse loans-where the property itself is the only collateral-to finance a portion of the investment.

Size & Dimensions: The room must be at least 70 square feet. 

It varies by property size as well.

You can write off a portion of your mortgage interest, depreciation, and even some repair costs.

A substantial portion of my real estate transactions 'work' because the borrower was paired with a lender offering unique qualification or feasible terms that meet or exceed the investors original ROI, COC, down payment or general investment goals. 

Assuming all holding periods are met under the liquid exchange, an investor may be able to sell a smaller portion of the partnership ownership during years where they would expect a low tax bill. 

At any rate, turns out our framer uses Menard's doors all the time and was able to install those despite the plans calling for custom-sized doors.

It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.