I'm building new construction STR on land I purchased 3 years ago. Plan is to have it completed and rented by December, do a Cost Seg Study and qualify for 100 active participation for STR loophole and bonus depreciation. I have two long-term rentals but I'm new to STR's and real estate investing/tax strategy. Any tax tips for new construction? I'm doing some of the labor myself.

Saving money on taxes will help my husband and me save money to take care of our kid(s) and aging parents. We are in the process of selling a LTR and looking to reinvest in a STR for the tax savings now and in the future. We currently own the one property and are looking to buy one property, perhaps another one after my husband starts his oral surgery business in a few years. Our biggest hurdle right now is underwriting a deal to execute on