The Value has gone up, property tax has gone up and we are no longer exempt because we are not residents and our HOA has gone up also.

Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit 

Relay does have free wiring.We haven’t had any accounting done yet with our 1 Trident account for taxes.  

Instead, it could impact your cost basis in the property, which would affect depreciation and future tax calculations.

You will realize the loss for tax purposes when you sell the security, which it sounds like will happen in 2025.

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To avoid Prohibited Transactions, SDIRA investments really need to be passive.Oh, I'll also mention that SDIRAs are subject to UBIT tax.  

Hi Mary, we’re real estate brokers as well.

I see it as a tax-benefit discussion with the seller.

Welcome to the European tax environment :-)The US does not have federal sales tax, but we do have State sales tax and City Sales tax.