I'm willing to wager a significant percentage of both those groups are pre-approved or pre-qualified but not really approved.

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.

@Dani Murai, while I can't give you a name of anyone in your area (I am not from there), when you are interviewing contractors, here are a couple things I have seen:I avoid any contractor that has a draw schedule based on percentages, i.e. 1/3 up front, 1/3 at halfway completed and 1/3 at completion.  

.- get into real estate with a lower rate and lesser percentage down payment.

Cost segregation can be utilized for many different scenarios such as new construction, properties already owned and newly purchased properties. Generally, the properties that benefit the most from a cost segregation ...

But in their case, the lease was long enough and well-structured enough that the income and stability felt almost like a normal acquisition.In your scenario, the airport authority charging a rent based on a percentage of gross revenue isn’t unheard of, and from what I’ve read in The Economist, these ground lease structures can pop up in different forms.

However, there will be a segment with a high percentage of reliable people.

What percentage of sellers are still contributing in some way, do we have data or knowledge of this?

@Jay HinrichsAgreed mate.As the owner of a turnkey company I’m happy to say that we never include maintenance and vacancy in any one of our pro-formas.I can also guarantee that it’s definitely not for misrepresentation purposes.To be honest, I actually love talking myself out of business because then I can find out who truly wants to work with us 😀The only reason for not including maintenance and vacancy is that we always tell every investor to underestimate their income and to overestimate their expenses.I’ve also seen too many investors use a variety of different pro-forma calculations so I just don’t want to be the judge of a certain percentage point for their maintenance and vacancy expenses.But rather tell our investors to conduct whatever expense formula percentage they feel comfortable with.Thanks

This maximum rate is determined by adding 2.50 percentage points to the yield rate on long-term government bonds as published by the Federal Reserve Board or the United States Treasury, or both.