Taking bonus depreciation early is a tax deferral, not a tax savings.Recapture is real and debt must be repaid!

Never mind the quality customer service you get from an LO who is more incentivized to close your loan rather than a W2 employee who is paid hourly with small commission bonus. 

The #1 way real estate investors defer taxes to later dates is with a system called depreciation and bonus depreciation.Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income.Generally over a 27.5 (residential) or 39 (commercial) yr time frame.So each year you can write off a few percent of the purchase price against your income. 

If it isn’t a “bonus” situation listed below I wouldn’t do it as a seller, even for 12%. 

If you are not a real estate professional and bonus depreciation is limited to 40% starting Jan 1, the tax benefits are going to be pretty minimal unless I am missing something. 

I also get the added bonus of a bunch of travel points haha Is it possible to get this loan for an investment property?

 - Section 8 signing bonus.

We use his expertise for a different reason but feel free to PM me and I will share his info.Also, for those on this thread who are seeking to defer tax in 2023, consider the value of syndications who are utilizing cost segregation and bonus depreciation.

If you end up serving them on the eviction, offer a bonus to the server to get it done in 24 hrs so it gets done pronto--best of luck

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.