Based on our research, this seems to be a controversial case with several possible interpretations (below) we want to check with the community about their experience for the same.1.No, as this is a replacement of unit of property” (UOP) explicitly defined by IRS – this is an improvement with 27.5 years lifetime and can be only deprecated.

Here it goes:  Working With Tenants Affected by the PandemicThis is a highly debated and controversial topic, but most investors and leading real estate investing publications are suggesting the following course of action:Let your tenants know about available relief programs.

It is controversial and has been discussed on this forum on multiple threads - search the forum.Qualified Opportunity Zone funds.

We celebrated too early.

While one's charged with emotion and resentment and false statements are celebrated.

The Senate print accompanying the Deficit Reduction Act of 1984 stated that the intent of Congress in amending the statute was to "decrease the controversy and litigation arising under present law with respect to the proper tax treatment of start-up expenditures" by requiring expenses similar to those allowed as deductions in Hoopengarner to be capitalized.

Long Question: Overview of the Efficient Market Hypothesis (EMH) --Feel free to skip if you know this already--The efficient market hypothesis (EMH) is controversial. 

Wholesaling has been developed into a controversial method and has been negatively perceived by many.

Just wanted to put some happy vibes out there I’ve been holding my breath until yesterday to see if my tenants would either message me or not pay rent on time April 1st, buy they all paid rent and I didn’t hear a peep (one even paid on the first and usually he pays in the last day he can to avoid the late payment fee) I feel like celebrating right now!!!

Ric Edelman is a better financial adviser celebrity to listen to in this regard versus Dave Ramsey.Yes, your income from renting is taxable.