Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.

Also check out BiggerPockets sister site for passive investments: www.passivepockets.com 

When/how does your team decide on doing a physical site visit vs. a virtual site visit? 

Hey all anyone know any good SMS Marketing sites or places to use.

.   :-)Mike Sure, if you become interested you can look at their retail site www.helixsleep.com and assume about 50% off retail :)

Welcome to the site.

Welcome to the site, Loan.

I always research companies first before doing business, but that comes from my training and working on security issues, especially after having my sites hacked. 

He abandoned it during his demon years so his best friend took it over and added a couple more people before it desolved due to all going off to college.In college he had a side hustle of finding things on free sites, putting them up for sale, selling the free item and offering to transport it for a modest fee.  

Both laws use the same terms, but define them in completely different ways.I find it best to reference HUD's guidance memos on the subject.https://www.hud.gov/sites/dfiles/PA/documents/AsstAnimalsGui...https://www.hud.gov/sites/dfiles/PA/documents/HUDAsstAnimalN...https://www.hud.gov/sites/dfiles/FHEO/documents/19ServiceAni...