Like maybe just round robin it, bros.

However, bonus depreciation doesn't apply abroad; instead, the Alternative Depreciation System (ADS) with longer periods is used.The Short- Term Rental Loophole Explained (biggerpockets.com)

Not too many people want to live at Burning man year round. 

Not sure how big the lot/driveway is, but that actually sounds like a bonus to you. 

LoL THEN they got another round 2 years later. 

I went through the course work, completed the assignments and learned a bit more about REI and rounding our some terms and filling in some gaps.Community was outstanding.

Apart from that I pay him an excellent bonus if the house sells more than my original ARV because of his beautiful finishing. 

A friend of mine told me one bank was willing to get a second round of appraisals but would split the difference, which didn't make a lot of sense.

Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.

Similar to a 401k, part of the strategy is a tax arbitrage.It is a much better outcome to take the deduction at 37% rather than 24%.Lever 5 - % Bonus AllowedIn 2023 Bonus depreciation has been limited to 80%, and will continue to ramp down 20%/yr until it hits zero in 2027.Bonus depreciation has come and gone in the past, but the more you get, that first year payback is higher and higher.Lever 6 - % Payback RatioUltimately how much you save vs. how much you pay matters.Caveat - Talk to your CPA before you purchase a cost seg study.You need to have a way to monetize your losses through1.