They will look in the next town even.

Investing in single-family residence fix-and-flip projects in New York involves purchasing distressed or undervalued single-family homes, renovating them, and selling them at a profit.

In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.

Yours sounds like a much better model than most.

We are a not for profit member community that has tons of networking events, educational seminars and vendors to help you in any journey you find yourself attracted to. 

So it sounds like me you built additional equity into the home your living in now.

I lived in St Paul for 19 years and now live in a suburb of St Paul for the last 6 years.

We have an acoustic panel set in there for aesthetics and sound.

It’s generally better to pay taxes, especially if it’s preferential LTCG treatment and make a sound investment with cash that remains than defer and make poor investment decisions. 

Happy to talk if you're interested in checking that out.