It’s definitely smart to evaluate the tax and cost implications of your funding options.

So all of the gain and depreciation recapture are initially still tax deferred.However, like Joe said, the down side is later when sold  you lose the 1031 option. the client will pay tax on all gain and depreciation recaptured from before the 1031 also. 

I learned so much from the course and PCS, and I'm claiming all of my cost on my taxes.

It varies by program.To learn more about DSCR programs: DSCR loans won't use your income to underwrite the loan.

Unfortunately neither of those turned out how I planned but I learned a lot. 

Now, I'm stepping into the investor role myself and looking to learn, grow, and connect with like-minded individuals.I'm eager to share insights from my lending experience while also gaining knowledge from seasoned investors.

Additionally, high-income earners with modified adjusted gross income (MAGI) over $250,000 (married filing jointly) may be subject to the 3.8% Net Investment Income Tax (NIIT).For 2025, bonus depreciation is at 40%, so consider leveraging it for eligible property assets like appliances or fixtures to accelerate deductions.

You are hopefully getting good cash flow, appreciation, mortgage paydown and tax benefits.   

Sometimes hard to find this happy medium in rate sheets, though.Another consideration would be taxes - points are typically treated as interest, so if your tax obligations are high this year vs being higher in the future, then this could also impact buying down now vs paying a little more in interest in future years. 

To defer all tax you must purchase in total at least as much as your net sale.