Have plenty of reserve cash saved up in case you need to bonus your trades to do your job next. 

The landlord friendly laws are an added bonus.

This could allow you to take advantage of bonus depreciation, which can significantly accelerate the depreciation deductions in the year you place the property into service

As an added bonus, doing all of this well can often land you on the "vendor list" of a company, putting your contact number as the first call to make when placing the next crew passing through.I apologize for the long-winded reply as you probably know and understand all of this, but there might be a reader that doesn't. 

But if you do renovation after you move out of the primary residence, you might be able to take benefit of bonus depreciation or sec 179(if qualified). 

.• Bonus depreciation is winding down, as many of us know.

I'll through a bonus in at the end.

It’s a great time to buy during the low season to get launched, stabilized and get your tax write offs now (60% bonus depreciation this year vs 40% next year).  

The bonus deprecation rules apply here and it would be a conversation you would need to have with your accountant as to what the best course of action is.

The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.Before you buy a cost seg, you need to know the rules:Tax all starts with the types of income.1.