Could we deduct most of the 100k from tax and potentially get profit from the sale?

I will NOT have any depreciation recapture because no depreciation was ever claimed/deducted.

Thank you BP Nation.Unfortunately, some states like Connecticut and California do not allow bonus, QIP, and limit Section 179 deductions.

Can I calm/deduct start-up cost for this property if i add it to an exciting LLC which already holds my first rental or what that expense be considered "operational cost".

Additionally, while Japan provides tax deductions for housing that you live in, it doesn't seem to provide such deductions for investment property. 

Then, I do a full inspection and itemize all the damage repairs and send a letter to the tenant stating what was deducted, along with a check for the remainder.

Can I claim these expenses as deductions for my STR?

A single member LLC may elect to be treated as a disregarded entity on the member's federal income tax return and report income and deductions on Schedule E of the 1040 rather than filing a return separately for the company.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.Bonus DepreciationBonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as washers and dryers, rather than write them off over the "useful life" of that asset.