I really need some help understanding the bonus depreciation tax laws. 

., 5%) and offer a lump-sum bonus (e.g., 3-5%) at project completion.

My employer offered a 25% pay increase, a relocation bonus of $5000(pre-tax), and a guaranteed pay for 40hrs/week.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.The Cost Segregation Study was performed on the Asset Depreciation Range (ADR) and is based on a 40% tax bracket for State and Federal Taxes.

I've not looked at what I could get for rent ahead of time, like you have, but it's a large apartment with 1 bedroom, 2 other rooms (office plus bonus room, etc) plus a brand new open concept kitchen, with its own separate entrance and garage access. 

And appreciation plays.

@Jordan Dzubak we played with the idea of getting something at the Lake a few years ago, but ultimately never pulled the trigger in large part because so many neighborhoods were modifying their C&Rs to prohibit short-term. 

If you already have a high net worth or a high enough salary then you can focus more on equity plays.

So my brief side note is only added because Sean's post could be misinterpreted.It's not like the Senate had a problem with bonus depreciation.

It can be a nightmare dealing with occupants that don't get along and want the manager to play "cop".