Are you able to take capital loss on taxes and if so how does that work? 

If the current tax assesment values the structure at $300,000, you are allowed to do $150,000 worth of work.

., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")

., are there specific financial or tax considerations I need to be aware of when investing in US properties (or distressed properties in particular)? 

Sometimes you're better off just selling, taking your tax-free gains and going from there. 

I'd consider myself an advanced, tax-savvy, solo investor with quite a bit of experience. 

You also need to account for taxes, insurance, HOA dues and management fees. 

Taxes and Insurance at 350 month.

I am looking to either buy land or a tax acquired property to fix and flip for my first deal.

Collecting 2-4 rents for 1 property tends to offset taxes more favorably.