While completing a Cost Seg study, they were very resistent to me using 6% and because of time-sensitivity, I decided to default to the "rule of thumb" method that you mentioned and used 80/20. 

Depreciation helps reduce the taxable rental profit, potentially bringing it to zero or even creating a loss, which can carry forward to offset future rental income or other capital gains.For high wage earners, other tax strategies could include leveraging cost segregation studies to accelerate depreciation on rental properties through bonus depreciation, taking advantage of tax-deferred exchanges (like a 1031 exchange), or maximizing deductions related to property expenses (mortgage interest, property taxes, insurance, repairs, etc.).

The classic time in the market rather than timing the market. 

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

Areas like Windermere and Lake Nona are seeing rapid growth in exclusive developments, offering luxury residences that combine nature and modernity.Palm Beach: This area is an icon of classic luxury.

Bad preaching and greed has lead me to study this topic .

I've been a long-time Ogden bull with posts like these:https://www.biggerpockets.com/forums/12/topics/882817-local-...https://www.biggerpockets.com/forums/586/topics/785294-who-h...But, like a January 2022 study determined, Ogden is overvalued. 

Study history, learn a bit about it, you may need it.

We have run a cost seg study on the property and qualify for 80% bonus depreciation.

Cost segregation studies on condos typically result in a lot of 5 year life which is eligible for 60% bonus depreciation in 2024.