If you also have W2 income, then Section 179 income limitation on Schedule C should not matter.Also, whether you take $1k of depreciation or $19k of depreciation, after adding it back you have the exact same income for underwriting purposes, so I'm not sure why you're concerned about a reduced amount of depreciationI don't have a W2-I do receive alimony, and have three rental properties and this business.  

Reducing paperwork won't do much for most of us. 

This would be time consuming and if you don't have the contacts, probably not a good idea.You could also reduce the scope of work.

As a starting point: -If they work full time and make $700k a year -Don't want to or can't spend time self managing a short-term rental -Don't have a spouse who wants to take the lead on managing the rentals They are likely not going to directly reduce their taxable income with real estate year-to-year. 

Hello Christina - we recently acquired a home in Banner Elk that's just over a mile from the Sugar Mountain entrance.

I think Newry/Bethel, Maine (Sunday River) could be solid, and I like Carrabassett Valley, Maine (Sugar Loaf).

@Christian D.There are other ways to reduce your taxes besides becoming an S-corp. 

Was hoping to find if cost segregation could offset or reduce tax liabilities on W2 income , which looks like it won't unless we are RE pros or it's a short term rental.

This exemption can be a game-changer when it comes to reducing your property tax liability.

I still ride bikes and I’ve severely limited my carbs and sugar after the suggestion of the Bigger Pockets member mentioning it.