#2) Why is everyone I know buying  STRs and doing accelerated and bonus depreciation?

Lastly as an illegal unit it is  huge liability if there was a trip and fall claim, fire etc your insurance may not cover.I recommend renters insurance for whoever lives there is mandatory to add another layer of protection. last option not considered is you living in the bonus unit to have a free place to live with minimal risk 

Just be mindful that georgia does not recognize bonus depreciation. 

They can't just go an play a round of golf together - anyone who has ever worked in a global organization understands those things are a necessary lubricant to make things work.

I have more pictures of Christmas decorations  but of course some people book months ago for Christmas and Thanksgiving.Since Pogeon Forge is a huge holiday destination we get a couple Christmas pictures up year round.

The 1245 property (think personal property and bonus depreciation) is recaptured at ordinary tax rates though… so the new property must have an equal amount or more 1245 property. 

Can anyone recommend an investor-friendly agent (bonus if they can also analyze deals)?

Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like.

Ohio also has a couple of other special rules such as the CAT tax and a funky bonus depreciation treatment.

If they’re doing it for dirt cheap and gave great service, I’m a lot more likely to give them a “bonus” than if they charged me full rate and took a long time to get to the worksite.I don’t think there’s a hard and fast rule on anything, but if you want them to treat you well, you need to treat them well (pay when asked, provide meals for him/her and their crew, be flexible when you can, pay extra, etc.).