Hi Everyone,If you invest in a syndication using funds from your self directed traditional IRA can you take advantage of bonus depreciation to offset any taxable gains when you withdraw or convert to a Roth IRA? 

We decided to work that angle, this played a big part in the negotiations.

Agree the idea that one can live off of rental income long term is nice but not too common.to me passive income is a place holder to allow you to control the property while is goes up in value over time and once that happens then decide if its a keep or roll into something else.So to me  you either make transactional income in the RE bizz while you grow your passive portfolio or you keep your chosen career while you grow your passive portfolio.The idea that Hey I get to 10k a month and I am quitting and will live the rest of my life on this money to me is not a long term strategy that will play out.. 

currently don't own any property, have no desire to own property. but the renovating to increase rent is a smart long term play!

I think we will see modest price increases in the single digits (say 3-4%) as the Fed eases back on rates.There are basically two long term plays in real estate - investing for cash-flow, and investing for appreciation.  

And it's not just content, she keeps you accountable to take action (right-sized each week so it's not overwhelming), and to network with your peers in the program, as well as your circles outside of the program to establish yourself as an investor with integrity to attract quality private money lenders.Key highlights:* 6 weeks with 1 class per week, and some bonus classes - every minute of each class has been worth my time* engaged community members via Circle, many I know I'll stay in touch with* purposefully small group, allowing Soli to provide dedicated attention* having access to Soli - she reviews all posts and homework assignments with great care, and her feedback is SO valuabletools to CASE (Copy And Steal Everything) and systems to scale - ex. pitch deck, email templates, BRRRR analysis, and so much more* practicing your pitch at the end!

For future years, we probably wouldn't meet the 500 hours test (though we still do participate a significant amount as we periodically re-stock supplies at the place, handle most maintenance issues due to shortage of workers in the town, and monitor sensors during guest stays - leak sensors/heat/stove).Specific Questions on Depreciation:Assuming that I have the qualifications for non-passive activity, I then have some questions on bonus depreciation and related stuff.5) It is my understanding that Qualified Improvement Property (QIP) bonus depreciation is probably not useful for me because I did most of the renovations prior to placing the property in-service (save for a few things).

Real Estate is a game and it has game pieces and a playing board. 

Of course there are many different variables and personal preferences definitely play a major part. 

I only play in the "kiddie pool".