He’s clearly trying to play a tough guy, but it’s irritating that he decided to play it this way.

It hasn't come up for me on a transaction yet and I'm curious how it's playing out in practice!

I have been playing around with Propwire for the past few days and it makes me wonder how accurate the information is on the site compared to Propstream.

I believe you just need to have it rented for 1 week in the year to use the bonus depreciation after the cost seg, correct?

Unfortunately, you miss out on a lot of the cool tax benefits you’d get with long-term real estate investing—like long-term capital gains rates, bonus depreciation, 1031 exchanges, depreciation, etc.Another thing to keep in mind is that when you buy a property to flip, you can’t just deduct the purchase price right away.

This has all been accomplished in just a few short months.5.Tax Benefits & Investor Alignment: We’ve lined up cost segregation studies, allowing our investors to benefit from bonus depreciation in Year 1.

Need that be a good landlord and to play the long game. 

Due to Hurricane Helene, we had to unilaterally cancel a number of guest bookings in Cocke County, TN.  While no properties actually flooded, the entire area was a disaster - roads destroyed, rescues, loss of power, a...

Curious to see how this all plays out if its true. 

Look at buying rental properties as the long term play in building wealth.