@Todd Dexheimer @Paul Caputo @Jeff KehlOne important note to keep in mind is, as a result of the new tax law, cost segregation has made 1031 exchanges less appealing (and vice versa) in certain circumstances.Tax reform has modified the rules of like-kind exchanges by only allowing real property to be exchanged.As we know, when a cost segregation is done, personal property assets are identified and separated from the real property asset(s).

Between the Tax Reform Act of 1986 under President Ronald Reagan and President Trump’s Tax Cut and Jobs Act of 2017 there were no changes made to the tax code.

When you sell the property,  the depreciation taken on the separated personal property will be recaptured at ordinary rate vs max 25 % if not cost segregated.Also, you no logner can do 1031 exchange on the personal property after the new tax reform, so cost seg might not be ideal if you plan to do that in future. 

And we do need police reform, Eugene has a great option where they have CAHOOTS which responds to mental health/addiction crises so police dont have to .. 

You cannot expand it to roof replacement on residential homes.Under the new tax reform, roof replacement on a commercial property can be fully expensed in the first year, but once again - commercial property.Make sure your facts are actually equivalent.

Clark county has made revisions to the ADU regulations in the last year along with State Governor leading way for ADU regulation reform to make it easier to build a ADU.

Bear in mind that there has been talk of a fiscal reform whereby the deductibility of expenses within a corporation would only be allowed if the corporation has a real business and merely renting properties wouldn't qualify as a business.The, you'd be taxed at the US level but you should be able to deduct your taxes paid in Mexico by virtue of the treaty for the avoidance of double taxation between the two countries.For many Americans who buy in Mexico, this means that they'll end up paying the same amount of income taxes as if the property was in the US.I'm not a tax advisor so don't take my word for this and consult with tax specialists as needed.Hope this helps!

TAX REFORM BILL IMPACTS 1031"Tax Cuts and Jobs Act" repeals personal property LKEs; Real estate exchanges saved, still vulnerableDear Friends,The long-awaited Republican tax reform proposal, released, modifies Section 1031 by repealing exchanges for all tangible and intangible personal property, leaving like-kind exchanges for real estate intact.

Particularly after the new tax reform.

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