Typically, it's applicable to certain types of property, and the rules can change.Regarding short-term rentals and bonus depreciation, the Tax Cuts and Jobs Act (TCJA) introduced favorable changes for businesses, including bonus depreciation for certain qualified property, but the specifics can depend on your situation.Using your property for short-term rentals may affect your ability to qualify for certain tax benefits, and the classification of your property (personal residence, rental property, business property, etc.) can impact the tax treatment.The IRS has guidelines regarding the depreciation of rental property, and bonus depreciation may not always be applicable to residential rental property.Additionally, if you decide to switch the use of your property (from short-term rental to long-term or mid-term rental), there could be implications for tax treatment.Given the complexity of tax laws and the potential impact on your specific situation, it is strongly recommended that you seek advice from a qualified tax professional.

Probably not a big deal unless you see potential for the water pool in the wrong areas over time. 

Just spent a bit of time looking into their market and definitely see the potential!

The annual appreciation rate shows a promising, steady growth potential in property values.2.

My business partner and I (tried) to make our first offer today on a potential flip.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Buying out-of-state properties for cash flow can be a smart strategy, and Petersburg, Virginia could be a potential option worth considering.

For your Cleveland BRRRR adventure, zoom in on neighborhoods that look promising, learn about property values, repair costs, and potential rental income.

@Mike Hsiao1) Inspect home ASAP to determine:- If they are taking care of the property and YOU want to renew- Do Pre-MoveOut Evaluation of potential repairs needed.

I think having a CPA local means you could potentially pop in and ask questions, but even then most would ask for an appointment to be scheduled prior to and they might not have openings for a couple weeks.