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

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

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 

What I mean by this is considering how much your down payment returns to your net worth (appreciation, loan paydown, tax benefits, AND rent avoidance).

As always make sure to understand what your investing in, tax consequences and terms of the offering

Flipping is a self-employed job with high risk and high transaction costs.By the time taxes and agents are done with you, the juice is rarely worth the squeeze.   

Nevada is landlord friendly and low property taxes. 

Thanks for the mention, @Kelly O'Keefe @Jun Lopez I provide specialty tax services such as cost segregation studies, 1031 exchanges, historic tax credits, section 179D, energy tax credits, etc. rather than tax preparation services, but I'd be more than happy to connect you a CPA (or there are great ones here on BP as well).

Estate taxes.

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.