Bigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation, 1031 exchanges, and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning, and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

That means it’s automatically eligible for bonus depreciation — no need to do a cost segregation study or anything complex.

That’s correct—under the proposed Big Beautiful Bill, 100% bonus depreciation is expected to make a comeback.

I plan to cost segregate and bonus depreciate it, as I did with the ones that are local to me.

@Ben Dirr Yes, your idea is on the right track—and with the setup you described, bonus depreciation may absolutely be available on the rental portion of the property, especially if 100% bonus is reinstated.

Real estate pros buy property using leverage and bonus depreciate to perpetually defer taxes.

What is the typical cost for a detailed line item bid from a contractor and is it broken out separately into labor & materials?

You can always pay more, but if you have negative cash flow, you can't pay less than the full mortgage payment.

In the industry, we referred to them as "margin lines" where you are leveraging the value of your securities portfolio to provide access to line of credit fundings.While banks can differ in their "margins", but the banks I've worked with used a 50% LTV "margin".

(They’re obviously not going to move in, they’re just going stop paying rent.).