A professional study, though more expensive, often identifies more deductions and is better for IRS scrutiny.

For example:($650k) property value - ($150k) Land value = $500k / 27.5 years.That's $18k in losses you can deduct against your rental income.

Haha, I'm only asking, because 1) I can't seem to find anything saying it's not allowed and 2) A previous thread of mine was deleted for apparent violation of some rules.

Quote from @Fred Scott: Sunrise Capital Investors - Mobile Home Park Investment FundI've seen a few posts about them here but none of them actually talks about what the actual annual returns have been.They are advertising heavily for passive tax deductions which is fine but what are the actual returns over a period of (say) five or ten years?

This allows for deferral of capital gains taxes until December 31, 2026, with potential reductions in the taxable amount if held long-term.

This allows the owner to “write off” the value of disposed assets immediately, rather than continuing to depreciate them.

as a "donation" (translating to the benefit of taking a deduction for 2025).

Note that legal and transfer costs are not deductible but can be added to your cost basis.

I could be wrong.What you tell contractors is: if you do not separate labor from materials, then I have to report my ENTIRE payment, L&M, to the IRS as your income, and then it will be up to you to deduct materials from that income on your end. 

https://www.biggerpockets.com/forums/51/topics/1122635-the-s...For 2024, it will be a mixed-use personal/vacation property on which no losses are allowed at all.