We currently have the below "bad debt" positions:Student loans - 50k (6%)Car loan - 29k (7.09%)2nd lien (current primary home) - 80k (6.08%)401k loan - 30k (9% - paid to yourself)401k loan - 20k (9.25% paid to yourself)Household income of 267k (not including bonus), roughly 100k cash currently and save around 6k a month not including yearly bonus's (33k + 14k = 47k net/yr) + 72k/yr (6k/mo x12) savings = 119k total net savings per year (rough estimate not including current rental)Should we pay off existing debt with the exception of our home loans (not including 2nd lien) or invest in a 250k townhome* that can rent anywhere from $2,000-$2,750/mo?

Assuming that John’s wife is managing the Airbnb Rental and qualifies as a material participant, John Doe’s family can deduct $150k from their w2 income for the year 2022 (Bonus depreciation 100%).This would equal $33,000 in a tax refund for the family.

Cross fingers that congress passes bill to allow bonus depreciation, perform a cost segregation analysis in year 1 to capture as much depreciation as possible to offset incomes. 

Bonus STR's are eligible. 

I have all long term rentals, did 27.5 straight line depreciation, no cost segregations, no accelerated deprecation, no bonus depreciation. no C-Corps and no S-Corps.

Purchased Rental Property Investing and was trying to find the landlord form bonus.

Hello Account Closed,Can bonus depreciation be applied to a foreign STR?

I was just speaking to an MLO that wanted a signing bonus because a big lender offered them one.

This is not to say an experienced sponsor has bad deals, they will, but an investor typically will not only get 100% wiped out but if the company also took bonus depreciation the LP's will also have to pay that money back to the IRS, so its a double whammy (not an accountant but one may be able to chime in more on this).If you are a LP and invested in a syndication that has bridge debt, I strongly recommend you watch it very closely.

I want to be prepared talking about tax strategies with my CPA and I have a few questions. 1.Can I take bonus depreciation on the ADU?