Carlos, an ambitious real estate investor in San Diego, has just acquired a commercial property. He's excited about the potential returns but is also aware that there are various tax considerations related to property acquisition and cost recovery. His neighbor, Vanessa, who also dabbles in real estate, has mentioned terms like depreciation, amortization, and Section 179, leaving Carlos intrigued but slightly overwhelmed. As Carlos's tax accountant, how would you explain the concepts of property acquisition and cost recovery to him? What are the key elements he should understand, such as depreciation methods, amortization schedules, and special provisions like Section 179? How can these concepts influence his investment strategy and tax liability? Could you also provide insights into how California state laws might intersect with federal regulations in his particular situation? How would you assist Carlos in maximizing his investment while complying with all relevant tax laws?