I am not a developer per se but I was in tech field as a project manager/ business consultant.

Annual revenue is up 17% with 60% occupancy rate. 

The macroeconomics is great showing rapid growth in population, job market, and many companies moving and developing out here.

Plus, investing in a developing area gives you a chance to see your property appreciate as the neighborhood grows.However, there are some things to consider.

Stay Informed: Keep yourself updated on the latest developments in the fintech industry, including regulatory changes and security best practices.

I would encourage you to read the City’s development plans and population statistics.

I doubt that the experiences will make much of a dent in their overall revenue.

Also, helping find other ways to drive revenue, including add-on packages and more. 

Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

With the region's expanding infrastructure, business development, and population growth, it is well-positioned for long-term profitability.