Lookup UDFI (unrelated debt financed income)  as well as non-recourse loans as both will come into play.

I do believe it though, I've been playing around on Zillow and see great prices in states that are not here in Utah.

Assets identified in this study include:Building systems: water heater, electrical distribution, HVAC, plumbinPermanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

I am a little leery as all of my workers are here, but will play it by ear when I get more serious.Best of luck!

Bonus: AlbanyMedfordThe Dalles RoseburgGrants Pass 

The reality is both play a key role in your asset management plan.

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Columbus is definitely an appreciation play for sure. 

You probably don't need a partner on your first buy if you play your cards right. 

I still play the DIY game a lot, even when it's not the best use of my time.