HJTA is sponsoring an effort to fix California’s Prop 19 by restoring the ability to transfer property to children upon the parent's death WITHOUT reassessment and WITHOUT the often HUGE increase in property tax.

Prior to that I played baseball at the University of Hawaii for three years, and before that I spent one year at Bellevue college in Bellevue, WA. 

Meanwhile I have it in my hands today, even tho my valuation went down, my property tax bill is up exactly 10 percent.

Quote from @Dante Ritchey: Hello everyone,My brother and I got our first multifamily back in August and are starting to think about good old taxes.

My concern revolves around potential increases in taxes or fees for owning an investment property in NY while residing in FL.

How does the tax-deductible work in this situation?

Our recommendation to most of our clients is that until we have additional information, if you are going to be able to claim bonus depreciation, just extend that tax return and wait for it to be finalized. 

How does the tax-deductible work in this situation?

What I see very commonly on these forums though is, using this post as an example, "things to look out for in properties prior to 1960 construction".  

My bookkeeping is done in-house and then sent to my CPA and Tax Advisor who are in Nevada (I am in NC).