Bonus Tip: take extra care to get 5 star reviews on your early stays.

K1's were distributed with the cost segregation and 100% bonus depreciation allowed in 2022 which helped offset other taxes, so that was nice.  

Unfortunately, this was likely an inevitable outcome and cost over a multiple decade period of risk exposure...along with not getting appraisal value for the illegal unit when you sell.

@Will Mejia if you reinvest prior to the end of the calendar year into the right type of property where bonus depreciation is taken, you may be able to reduce your tax exposure partially or completely. 

I'm assuming if I want to get bonus depreciation on my tax return in 2025, I will need to have a cost segregation analysis done by Dec 31.

First for our experience we have 1000 class B& c units w another 440 under contract.i think Covid forced a slight correction in the b and C market since it was getting too tight and now owners see their exposure.

Hello BP STR experts, If I buy land first for constructing/manufacturing home, can I then claim bonus depreciation for such a constructed/manufactured home and use that calculated depreciation amount to offset my W2? 

The lawsuit will be against the syndication and your exposure is the same whether you invest personally or under an entity.

If not a brokerage a boutique niche developer/commercial builder would potentially also work to get you the exposure you'd like.This advise was given to me by a broker I spoke with when I first got into the industry and I wasn't really sure why he gave that advice, however, after somewhat following it, in a round about way, I can say it is by far the best way I can think of to get involved. 

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.The Cost Segregation Study was performed on the Asset Depreciation Range (ADR) and is based on a 40% tax bracket for State and Federal Taxes.