Bonus Depreciation at 100% in Year 1

[Luke Grieshop]

What happens in Year 2 and beyond after Bonus Depreciation occurs in the first year? Is there no depreciation tax advantage past that first year? 

I love simple explanations :)

Thank you!

[Michael Le]

If you didn't use it up then it carries over. If you used it all up then there won't be any losses to offset your passive income until you get buy another property.