@Roger MatthewsHomestead laws and the Homestead exemption for property taxes have nothing to do with each other. 

Or you have to make some lifestyle changes to take full advantage of it (e.g. real estate professional tax status). 

Bu equally important that the seller is current on their property taxes.

I started the process of a portfolio loan with Corevest and ALMOST closed with them, but due to me being a foreign (non-US) national, they were demanding a lot of things like cashflow management (all rent goes to them first, I had to ask for draws to pay for repairs), they wanted monthly reporting, and they wanted me ask my property managers to sign away their right to be paid management fee first (basically Corevest wanted to be paid before everyone else).

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

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

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.

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.

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.