Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

Look for the Certified Cost Segregation Professional (CCSP) designation, which indicates certification by the American Society of Cost Segregation Professionals (ASCSP).

I'm considering specifically a Latin American country after I do my research and fly there several times to visit for extended periods  - I speak and read enough Spanish to get around although I'm not fluent or highly proficient. 

The Federal Americans with Disabilities Act and the Federal Fair Housing Act approach the topic differently and cover different segments of the community.

That said, I'm American, and self-managed a portfolio in the US for 10 years before moving here, and I still only invest in real estate in the US.

Right now we use American modern insurance group.

Other than real estate I love dance, especially Latin dance styles, a good bottomless mimosa brunch, travel, and relaxing to a good Netflix/hulu show with some dessert! 

- Citizens Property Insurance- American Integrity Insurance- US Coastal Property & Casualty Ins Co- Kin InsuranceDoes anyone have any thoughts on these companies?

ya Americans simply are unware that many parts of the world the tp goes in to a waste can not the plumbing.. 

The American Institute of CPA's (AICPA) is advising employers to file the Beneficial Owner Information (BOI).