I am an investor in the Element Property in Sacramento.

Plus, there is hardly any benefit to adding depreciation in 2024 considering your low taxable income for 2024.The most beneficial thing is probably waiting, but I'm saying "probably" because I do not have all the details about your situation, and there could be numerous factors changing my preliminary hunch.

Search the BP for ADU appraisals to encounter numerous examples.

There have been numerous studies proving this.With that said, it isn't for everyone.

Having visited the city numerous times, one of the takeaways I observed were strong preservation protocols.

However before the current restriction there were numerous homes that were STR eligible.

Search the BP for ADU appraisals to encounter numerous examples.

Quote from @Bryce Jamison: @David Greene talked about this recently on his new podcast.He recommends being an overall real estate professional so you can make money in numerous ways and in different economic climates, and more importantly, you can help folks in all stages of their life and with all their real estate needs.Sometimes your helping folks find a good handyman, sometimes you're renting them one of your units only to be their agent later on when they're ready to buy, then maybe you're giving them house hacking tips after they buy.I can’t disagree with that, although in this age of almost unlimited information, I believe in the need to specialize.   

The lessons have been to numerous to list lol.

Or do I start at $0 and add elements until there's nothing left?