If you didn't claim it in the year the property was placed in service, you can elect to claim it in a subsequent year, as long as the property meets the requirements for bonus depreciation in that year.

You can also run your STR in your personal name or elect to start a company that operates the STR i.e. branding.If you do not qualify or for some other reason do not want or cannot qualify for conventional financing, you will likely have to go to some sort of DSCR or other business purpose loan route, and they will actually require you to put it into an LLC.

And hope your judge isn't elected and owns four dogs.

If you elected not to claim any special depreciation allowance, a change from not claiming to claiming the special depreciation allowance is a revocation of the election and is not an accounting method change.

Machtemes there are late elections available under IRS regulations that can work after 75 days (not a guarantee)

We have a new Mayoral election coming up this fall (incumbent is finally retiring - yippee!) 

My personal rule of thumb for profile age is that if the profile was created before 2015-2016 (when the internet started to get a bit crazy with misinformation ahead of a certain presidential election), I'll generally proceed as long as they're interacting like a normal person (not a bot) and their profile looks otherwise legit.

When this kind of construction could be done for $180 a square foot, Bill Clinton was president.

Does anyone know if this now has to go back to the House of Representatives for approval or does it go straight to the President to sign?

Account Closed   Costs will play a role and I think the next couple months in an election year will give an idea where those will head.