Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

I don't know the answers on taxes, but New Jersey is the densest state in America.

Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

If you haven't yet found a CPA or tax professional to help you save on your tax bill each year, would you want BP to help recommend a tax professional for you? 

@Nicole GrazianoI recommend that you have a consultation with a real estate tax accountant regarding your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 

@Armell MayersBigger Pockets is a great place to find a real estate tax accountant.

There are also a lot of foreign investors looking to park cash since US real estate is considered very safe on a global scale.

Zachary,Your concerns about Cleveland are valid—high property taxes and stagnant population growth are definitely challenges to consider.

Tax structures and mortgage regulations might also shift as canada mortgages are very different.What do you think would happen? 

@Thomas YoungmanToday's edition of the "Expresso" brings an article about automatic tax exemptions for foreigners in Portugal.