Since the primary was purchased before 9/27/2017 and was placed in service after 2020, it is not eligible for bonus depreciation.(8)Phase DownIn the case of qualifed property acquired by the taxpayer before September 28, 2017, and placed in service by the taxpayer after September 27, 2017, paragraph (6) shall be applied by substituting for each percentage therein—(A)“50 percent” in the case of—(i)property placed in service before January 1, 2018, and(ii)property described in subparagraph (B) or (C) of paragraph (2) which is placed in service in 2018,(B)“40 percent” in the case of—(i)property placed in service in 2018 (other than property described in subparagraph (B) or (C) of paragraph (2)), and(ii)property described in subparagraph (B) or (C) of paragraph (2) which is placed in service in 2019,(C)“30 percent” in the case of—(i)property placed in service in 2019 (other than property described in subparagraph (B) or (C) of paragraph (2)), and(ii)property described in subparagraph (B) or (C) of paragraph (2) which is placed in service in 2020, and(D)“0 percent” in the case of—(i)property placed in service after 2019 (other than property described in subparagraph (B) or (C) of paragraph (2)), and(ii)property described in subparagraph (B) or (C) of paragraph (2) which is placed in service after 2020.

Those who buy subsidized properties are gambling their financial independence upon the good will of the taxpayer who has just about reached the limits of his willingness to support these social programs.

From that, it is obvious that when 40-10-74 gives  you the right to possession as soon as the tax certificate is issued (but limits when you can file an ejectment lawsuit to 6 months after taxpayer's receipt of notice with demand for possession) and 40-10-83 gives you legal fees if the taxpayer redeems in an ejectment lawsuit, both of those go together.

But, it would help your cash flow since other than est tax payments, your return isn't due 'till next year.If you really want ot keep the funds in real estate, you should be able to "park" the funds into a DST via a 1031. 

It doesn't really affect me, other than as a tax payer.

In my example of a $1m building, the taxpayer recognizes $1m of gain, much of that ordinary, and then maybe gets a $100k depreciation adjustment on the outside....so they are getting nailed with $900k of mostly ordinary income.

(b) Taxpayer has not adopted a method of accounting for the item of property.

Lots of properties are acquired with an owner-occupied loan in a 1031 exchange, especially primary homes that have will have an ADU for rent or that contain a large office space for the homeowner/taxpayer. 

. • Establish solo Roth 401k• Make quarterly estimated tax payments (?)

Far too many taxpayers draw up their tax return in their head without a real plan.