Indianapolis is a strong choice, especially for out-of-state or international investors.

That means you can use the losses to offset your W-2 and 1099 income, even without qualifying as a real estate professional.Bonus Depreciation (Cost Seg + Furniture)If you do a cost segregation study, you can break the property into shorter-life components and depreciate those (plus the furniture/appliances) in year one. 

To verify international rental applicants, landlords can utilize a combination of standard tenant screening methods and specialized international verification services.

That means the lower the land value relative to the building and its components, the better.Example:•Property A: $500K total price•$100K land / $400K improvements → $400K depreciable•Property B: $500K total•$300K land / $200K improvements → Only $200K depreciableTip: Look for areas or property types where the improvement value is high relative to land — especially helpful in suburban or rural markets.Short-Term Rentals Open the Door to Bonus DepreciationIf your property qualifies as a short-term rental (STR) and you materially participate, you’re not bound by the traditional 27.5-year depreciation schedule.

We have internal software to find deals and have closed 8 this year so far, it uses qualitative info rather than quantitative.

The U.S. real estate market has experienced a notable surge in foreign investment, with a 33% increase in international residential property purchases over the last year.

Germany has law and accounting firms that specialize in this area for internationals and English speaking clients. 

@Amber Stout It is important to note 100% bonus depreciation only applies to assets (building components and site work/improvements) with a class life of 20 years or less, not 27.5-, 31-, or 39-year assets (structural components) such as roofs, HVAC, fire protection and alarm, etc.

This is what ChatGPT said about it.IRS Code § 831(b) refers to a special tax provision under the Internal Revenue Code that applies to small insurance companies, particularly “micro-captive insurance companies.”Here’s a plain-English summary:IRC § 831(b) - OverviewWhat it does:Allows small insurance companies to elect to be taxed only on their investment income (and not their underwriting income, or insurance premiums received).Key Features:Eligibility Cap:As of recent updates, to qualify under § 831(b), the insurance company must have annual net written premiums or direct written premiums that do not exceed $2.8 million (as adjusted for inflation).Election Required:The insurance company must formally elect 831(b) treatment with the IRS.

I discovered I own land in Trinidad that is on the beach (manzanilla) where I believe there is an opportunity to build a guesthouse and need to learn who typically funds international real estate along with a reference business plan.