For example, I am managing his investment right now all for free, I let him to borrow my car and store all his tools in my home, so our relationship is very close.

Robbed a liquor store  

Thrive Living, in partnership with city officials, is building 800 apartments above a Costco store.

It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.

Credit cards - store specific, general business expenses, etc.Any POV you have on what has worked for you would be great!

You should have earned above-average income these last 20 years, but you tell people you run a second-hand store?

Invested $40,000 with the online store.   

If they drop to 2008 prices, I'll be one of the first ones lined up making an offer lolNot sure about commercial RE with some vacant office spaces and businesses (what were stores and food places) here but there are still are still lots of businesses here ya and office buildings in SF are in free falls as well.. office is the hardest hit segment..

Watch the local newspaper, browse local and state government websites, and keep websites like the HUD Home Store bookmarked, which will alert you to up-and-coming properties.Attend local eventsLocal events such as community gatherings, property auctions, or real estate investment meetups are excellent places to discover off-market deals.

Big box stores also typically have contractors they refer out or a list somewhere.