Deals with approved ADU plans are especially attractive because they offer a higher return and flexibility for future buyers, making it a prime investment opportunity.

Since retiring 7 years ago I’ve been fortunate to be able to take the time to really think about what future goals that I have for myself and my family and I'm now ready to embark on a new adventure in real estate.

You presented a perspective I had completely overlooked.Would you still recommend negotiating a lower purchase price vs cashier's check on closing given that we're in a higher income tax bracket and thus capital gains tax could come into play in the future? 

My brother recently installed Lifeproof Dusk Cherry and I thought it looked really good and plan on using it in future rentals. 

If the answer is another investor & you reasonably believe it will be an investor for the foreseeable future, you may want to reconsider whether it is a SF home you want to own as a rental.

You are financing at less then likely future inflation rate.

Refinancing out of this interest rate to a lower one could be difficult currently but its a potential option in the future months.

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

I have to admit that I met a lot of future deal sponsors (GPs) in the mentorship group I joined. 

Currently working towards acquiring rental properties in the future!