When investing in any type of real estate in the U.S. as a Canadian, the entities that you set up are so important from the perspective of avoiding double taxation and legal liability.

Reface cabinets, new countertops, glue down flooring and fresh paint.

It’s also worth getting some fresh eyes on the property from an experienced realtor in the area to ensure everything is in line with current buyer expectations.Pricing Strategy: Price drops can be tricky.

That is an interior heavy rehab, i.e. remodel kitchens and baths, new floors, fresh paint. 

Additionally, we repainted the interior of the house, giving it a fresh, modern look.

If you feel your CPA may not be fully up to date on certain aspects of your particular tax situation, especially with multi-state holdings, consulting another professional can offer fresh insights or alternative strategies.

From a sales perspective, if you're married ($500k) or if single ($250k), you'd have a portion of the exclusion (%50) assuming the square footage is the same for each unit (assuming a duplex)The remainder (%50) could be 1031 exchanged into another property tax deferred. 

I'm also curious on this topic, less from a home value perspective and more from a STR or MTR strategy.  

Also, a freshly cleaned and nice-smelling home makes a great first impression!

I have three STR properties that my wife and I have self-managed but from a tax perspective we've only taken the normal depreciation the last few tax years.