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

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

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.

I'm particularly interested in the following areas:* offsetting ordinary (w2) income with bonus depreciation (with cost seg) on RE investments as REP* 1031 exchangeI already read a lot on those subjects, but I still have questions, so I need someone with lots of patience to listen and answer my questions.Appreciate your help!

Bonus is they helped me become an anonymous owner through the LLC's and trusts. 

Your definition is correct for "legal non-conforming".The "legal" part of "non-conforming" is dropped when it doesn't apply so most commonly people call these units "non-conforming", "finished", "in-law suite/unit", or "bonus unit".Non-conforming: Any property that doesn't meet current zoning requirements.Legal non-conforming: A non-conforming property that was lawfully established under previous zoning regulations and is allowed to continue its use.Based on his posts @Mario Morales is referring to a non-conforming unit.

The issue I have and would like to hopefully get some advice on is the below:In real estate specific tax strategies - it is my understanding that I would be able to generate significant “losses” through the use of bonus depreciation and other strategies. 

And again, make sure it flows naturally.Keep it natural and cleanYou get bonus points if your templates look like they're not from the 90s.

But I have also opened up new cards for specific properties if there is a nice sign up bonus for a card that I know I will hit during the rehab and furnishing phase.

Bonus would be refacing the cabinets if the pricing makes senseI priced out part of the job with HD, windows were somewhat reasonable at $8500 but I was surprised by the cabinet refacing -- Just short of $20k.