I've read a lot of posts about amending prior years tax returns, and filing a form 3115, but I'm still unclear on if it's possible to retroactively take 100% bonus depreciation. 

I have about double what you have and would never in a million years think about doing it without PM.

PML and the other lending sources typically have different programs they offer that are less strict on underwriting but that additional risk comes at a cost of usually lower LTV, higher rate, higher points, and shorter duration (think 9-18 month loans instead of 30 year loans).  

@Brad Stegall My wife and I own two duplexes in Peoria which we purchased over the last year.

We are both hoping to reduce our taxes this year as we paid a lot in taxes last year.

Filter properties by geography and “rental yield” and get alerts when new inventory that meets your criteria hits the market.Let us know about any feedback you have and expect iterations on this in the back half of the year and into 2025!

I am a licensed agent up here in Albany and I also own a few properties myself in Schenectady.

Hi Brady, I was sort of in your shoes a year ago!

Some counties in Virginia loves them because they have little employment so no big population increase = more burden on schools and the tax basis is very high because of the personal property inside of them so they pay a lot in taxesAs you mention need to be near a power source and I spent 5 years trying to get one approved in 30 acre parcel that the county wanted the site for something else - so they can be challengingTo get zoning approved

I am currently on active duty and looking to start my Real Estate journey as I retire in the next four years.