Note that California taxes capital gains as ordinary income (up to 13.3%) and does not conform to federal bonus depreciation rules.This post does not create a CPA-Client relationship.

I plan on offering that bonus commission and taking away that commission based on how soon they complete renovation. 

It was bonus that CA had near fixed property taxes.The low vacancy rate decreases the odds of getting a bad tenant because the tenants realize then will need a good LL reference to obtain local housing. 

This is particularly effective when paired with bonus depreciation provisions.This method not only helps reduce your tax liability but also enhances cash flow, making it a powerful tool for real estate investors looking to grow their portfolios.3.

No matter which format you plan to read you'll get all of the bonus content abovePre-order now to get the bonus offer: https://store.biggerpockets.com/products/the-house-flipping-...Photo of James with a copy of the book, text saying "Last chance to pre-order" and a "buy now" button

Bonus point, if you could share (in a DM) approx how much you pay annually for your quad home insurance, so I have some idea about the market rate there I can send you a list of insurance agents here in Columbus

The IRS is the other way around.Your bonus depreciation, assuming you're eligible for it, is not pro-rated.

One month is  rather typical, and if they renew, they typically get a bonus for the renewal.Gino

We are offering a 2% bonus on top of the existing pay structure or terms, which means that instead of 12% or 15% per year paid monthly, it will be 14% or 17% interest paid monthly on those promissory notes,” ( Link ).Translation?

Assets identified in this study include:Building Systems: plumbing, HVAC and electrical distributionInterior Construction: flooring, drywall partitions and ceilingsStructural Components: doors, roofing, windows and wallsPermanent Fixtures: emergency lighting, restroom fixtures and signageThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.