It involves using Section 179 or bonus depreciation, and I would not DIY this project, as distinction between repairs and capital improvements is one of the most confusing areas of the tax law.And no, you do not need a cost segregation study to deduct these components of your rehab - if you have itemized invoices and receipts.Myth 8: for a valid 1031 exchange, I must exchange STR for another STRNo, you don't.

We can hop on our phone and look up the answer to any question, be entertained on social media for hours, and essentially do anything without delay. 

I've never had a listing anywhere near this price range but I would begin to research the kind of people my buyer's would be, what kind of jobs they would have, where I could meet and find them.Secondly, I would get professional photography of the property and expose the home on social media and pay for ads on instagram, facebook and anywhere else it would make sense to.

How about the individual who took a social media guru course and now believes there are sellers lining up willing to accept terms seasoned real estate investors have never seen in their lifetime. 

That's the case in any segment but I think we tend to find it more offensive in Section 8 bc the government's paying.In any segment, I recommend checking social media and the like of all applicants. 

Additional Comments: Laid back personality, social but also enjoy my alone time too. 

You list out all components.

A 5 year life span component will have a higher deduction is year 2 than year 5.

It is also not something that I am "all-in" on and its a component of our portfolio.

For me its social media I am not on any other form of sm  like X or insta or reddit or any of the other ones..