Have your CPA run this scenario with your numbers; too much money to take advice from the internet!

Hello,I purchased a property in 2024 for use as a short-term rental (STR) and am looking to perform a cost segregation study to take advantage of bonus depreciation (60% for 2024 unless there are changes under the new administration).Here are some details about the property: it's a single-family home in Arizona, 1,800 sq. ft., purchased for $470K.

My philosophy is to take the minimum risk needed to achieve my lifestyle goals.

To me at my current knowledge level, this deal only works if taking over the loan - to limit the out of pocket money to acquire the property since the outside reno and new septic would take up the bulk of rehab costs. 

Nectar doesn't take any lasting ownership interest.

Granted, I'm bias so take my opinion with a grain of salt.

Then she still only makes 2% extra for taking the risk of you not paying versus a bank.

There's other items such as this where it may be helpful to talk to a CPA/EA for a little tax planning, especially since you'll likely get caught up in the passive activity loss limitations if taking bonus on a single rental property as I often see.It's also useful to mention that even if you do the cost seg study (I'm assuming you're doing one to be talking about this), you'll still benefit from accelerated depreciation in the form of shorter useful lives on the assets where you received bonus from.

The risk is that they take only the things of value and leave the rest for you to clean up.2.

The properties have unique advantages accruable to an investor who is willing to do their homework and take calculated risks.