It's definitely worth it to rent out the bonus apartments.

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.

There are ways to accelerate depreciation via bonus depreciation and other means. 

Imagine having getting 150,000 points intro bonus for spending 6k in 6 months for Amex or Chase for example.

The COVID bonus pay days are over so what they can afford to pay is really down from the height of the pandemic.

A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?

My question is if I purchase the property in 2024 but put the property in use in 2025, can I still do cost segregation and do bonus depreciation in 2025?

2) Using our HELOC to supplement the down payment.. we do have some bonus payments coming at the end of the year we could pay it down plus the tax savings could help us pay it off, so maybe it would be worth it in the end? 

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.

. - Bonus Depreciation Recapture form the cost seg you did can be taxed at the marginal rate but this can be minimized the the asset is held for more than 4/5 years. - Capital Gains: Gains from appreciation remain taxed at the capital gains rate, not as ordinary income.