It costs about $300-400 depending on where you live and it saves a lot of problems. 

I am a realtor myself so I can save on fees but my assumption is if I sell I end up somewhere with $200k that I would then need to pay capital gains taxes on. 

I’ve also been saving up a large portion of my checks to go towards a future down payment for hopefully a multi-family property to start my house hacking journey.Just wanted to put myself out there but if there was anything you would tell a future real investor what would it be and I’d appreciate any advice given, Thanks. 

Thank you for anyone’s ideas

Love the idea, but Doesnt look like the URL is working?

It is a good tax savings strategy especially if you are a firm believer in money now is worth more than money later.

Also if town homes keep you out of negative equity are those a good idea ?

While doing this, save at least 10% of your paycheck to have as a down payment.

For future years, we probably wouldn't meet the 500 hours test (though we still do participate a significant amount as we periodically re-stock supplies at the place, handle most maintenance issues due to shortage of workers in the town, and monitor sensors during guest stays - leak sensors/heat/stove).Specific Questions on Depreciation:Assuming that I have the qualifications for non-passive activity, I then have some questions on bonus depreciation and related stuff.5) It is my understanding that Qualified Improvement Property (QIP) bonus depreciation is probably not useful for me because I did most of the renovations prior to placing the property in-service (save for a few things).

They are a good tenant btw.Open to any ideas and advice here.