Hey Melanie,Real estate offers powerful tax advantages, especially for those using leverage and strategies like cost segregation and bonus depreciation to defer taxes.

It went up for tax sale Nov. 2023.

More importantly, when you are looking at your exit scenario of selling, the same question applies but in reverse, are you calculating the new tax rate the next buyer will pay and reverse calculating a sale price based on the market cap rate?

China has cheaper labor, almost no EPA constraints, far cheaper electric power with their new Dam, etc.

@Megan Alanhello. house hacking is a powerful strategy. in an ideal house hack you would:-pay roughly the same that you'd pay in rent, net to the mortgage. 

I started investing in 2019, got my license in 2021 and was initially with a residential broker that was primarily focused on retail transactions (aka sales, purchases, leases, for regular end user folks). 

I'm in the camp (tax-wise) that there should be a Flat tax or better yet, National Sales tax with no deductions for anybody or anything......so obviously the concept of depreciation would go away also.

Would this cause any tax implication towards a future sale  of the home purchase?

So if you can collect rents into your business either by deeding the properties to your LLC (be careful of the due on sale clause on your mortgages) or by signing a master lease between you and your LLC and having the LLC sublet then that may help.

@Andrew LaxWishing you the best on the sale of your portfolio!