Is anyone planning on taking advantage of this new law? 

I estimated that my net proceeds after doing this would be roughly $66K.

Did you end up jumping into a flip this year?

With the little knowledge that I have on this method, I started building it as if they were flipping a property... - They put in 2/3 of the money- Monthly payouts of 50% of profits- 4 month termBased on the pro forma of the rental, they'd have around a 30-35% roi by the end of the term.

My insurance is $120 per month.Is this deal possible?

Could anyone share their knowledge or resources on how to effectively approach this renovation?

Purchase price: $265,500 Cash invested: $62,387 Sale price: $430,000 The biggest challenge on this one was the smell from the animals kept in this home.

This basically releases the one moving out and the security deposit stays with the property. 

I just recently read, after my initial post, that meals with clients are 50% deductible if not "lavish" in price. 

If a Cost Segregation Study had not been performed on this $1,200,000 warehouse located in Orange, California that was purchased in 2018, it would have had first year depreciation of approximately $10,225.