To be honest, this is an excellent example of WHY I am so obsessed with Real Estate Investing vs all other forms. 

Quote from @Marcus Bledsoe: This is an excellent thread @Jonathan Greene.

Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

Excellent so far! 

Oklahoma is excellent for flipping, as well as for buying and holding. 

I have never dealt with an investor who didn't physically go to the property & most look up zoning regulations before even giving me an offer!

I basically just told them when they moved in that any drama that may arise from them sharing the house is between them and has nothing to do with me (as long as the house/people aren't being physically harmed).If you do end up renting to veterans I think your best bet to ensure everyone gets along is to just make one lease for all 4 bedrooms.

Worse than tough actually.I would love to see your Excel spreadsheet with the numbers on that path.Well let's see what others think.

These tend to offer personalized service without getting lost in the shuffle.Verify Their Specialization: Some companies are better with single-family homes, while others excel with multi-family units.

We have a physical location downtown Greensboro and would love to connect with you locally!