I understand this isn’t the appropriate place for specific tax advice but general information would be appreciated.

This strategy along with the first year bonus depreciation strategy (60% now for 2024) are quite intriguing.Anyone have experience purchasing a rental in one of these areas recently - specifically a STR? 

I don't expect your PM to move that fast but it gives you an idea of what can be done this time of year.The house was a standard 3/1 bungalow and we listed it for $1,100/mo which I think is fair given time of year, quality of finishes, and block/area.Happy to look at your listing and provide some specific feedback if you'd like. 

Two people just PM’d me specifically on those types of questions. 

@Wesley Mullen I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

Like in my first rental in 2009, I deducted $6,000 a year (1/27 per year), which was great for offsetting passive income at the time.But selling means recapturing that depreciation—had to deal with a $30-40k recapture on my first sale.

$2500-$5,000 depending on the property as the discount for higher deductibles changes depending on each property.

If you have any specific questions or concerns you can always post those and see who has the most expertise in that area.

Sure, TurboTax could be less, but the opportunity cost of missed deductions is exponential. 

Do you have specific metrics for each type of loan that are important?