My top tip would be to have your plans drawn up first.

There are also some good tips on getting access to the cash instead of using all of the boot. 

Any tips in general? 

Tip though.. 

@Tyler Rhoades surrounding yourself with like minded people is my #1 tip.  

You should get some good tips and suggestions here.  

My market is:→ Staten Island, NYAny insights, tips, or experiences you can share would be greatly appreciated.Hello Yong, great questions!

Let’s hear your tips!

I have some insight on how the market works and the tips and tricks of an investor.

Since you bought the property in December 2024, your components fall under the old schedule, meaning 40% bonus depreciation applies in 2025.You’re right that building structure doesn’t qualify, but items from a cost segregation study (like appliances, flooring, furniture, and landscaping) still do, just at the 40% rate.So even though your placed-in-service date is May 2025, the purchase date controls eligibility for 100%.