I do have a follow up question, would we not save on taxes by doing a BRRR strategy vs buy and hold ?

And whatever taxes are owed (unless he's talking about income taxes) should be in holding costs. 

There a ton of pitfalls that can just crush you. from bad tenants from hell to city regulations that are impossible to figure out to taxes to bad rehab jobs etc.

Bonus depreciation is a tax incentive provided by the U.S. government to encourage business investment in tangible property.

Hi BP community, I have a unique homestead tax question.

It equates to 60% down and a builder buy down of the rate plus closing help and it would still look like a bad investment to an outsider who didn’t know about the $100k in taxes I saved. 

@Rajshekar Manaliker I’m here in south Florida and we’re still moving and shaking with a good amount of incoming residents from income tax paying states

I do know there's tax benefits and tenants paying the mortgage off for you.

*NOT a tax expert/CPA!

Ensure you have a property management strategy for when you return to Charlotte.Legal and Tax Considerations: Consulting with a tax advisor and a real estate attorney will help you navigate tax implications and ensure legal compliance in both your investment and rental activities.Short-term Investment and Return Plan: Since you plan to return to Charlotte after a year, consider the short-term nature of your investment and its implications on your overall strategy.In summary, your strategy has potential, but success hinges on careful planning and navigating the financial, legal, and logistical aspects of real estate investments.Good luck with everything,KC