Quote from @Zeona McIntyre: Hey @Blake Winiecki I imagine you live in Florida but I would reconsider investing the area for one main reason - climate change.

Newton's law of tax: What goes down must come up.Everyone enjoys the sweet benefits of bonus depreciation, but what happens when you sell?

If you are specifically targeting travel nurses, it will benefit greatly if the home is near a hospital. 

It will familiarize you with the basic terminology and benefits.

The main house will be house hacked for the first year and will turn into a co-living.   

I believe these systems only work if you have good employees, in which case a bonus is unnecessary.I provide strong compensation, some benefits like 401k, growth opportunities, and a strong work culture.

Would the IRS allow them to benefit from a 1031 Exchange if they would be "swapping" a million-dollar rental for one that is much lower in price?

I mainly focus on do ing flips and flip to rent, but I also facilitate STR and MTR in the area too.

It ended up being the main water line to the house that was old/rusted/damaged.

Hey Joshua, I own a property management company in Maine.