Will Texans get any real benefit from it once its sold out???  

On schedule e, you should not list the same address or two separate properties. there's a great episode on tax smart real estate investors on this topic that goes into more detail. it's generally easier to qualify if you have one dedicated property to just short term rentals 

Although it is usually to the investor's benefit to do a cost segregation study the first year of owership, properties that have been owned for longer than one year can also take advantage of the tax benefits and cash flow available with cost segregation.The amount of depreciation can vary between 25% to 50% of what you paid for the property mimus land with the 100% Bonus Depreciation. 

From a tax perspective, it only makes sense if the numbers and benefits justify staying financially tied to an ex.

You’ll still benefit from rental income and depreciation deductions, which can offset some rental income.Both options have tax benefits, but it depends on how quickly you want to scale and how much cash flow you’re aiming for.Good luck, and happy to connect.

You needed to sell before Jan 2025 to benefit from this rule.Right now, you owe capital gain taxes, unless you do a 1031 exchange or implement some other tax deferral strategy. 

Love the energy and focus you’re bringing to real estate.

Relocated to NYC and selling real estate here. 

Hello, I am completely new to real estate investing.

There are many different strategies to Real Estate investing.