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. 21.64% of the total depreciable basis was classified as 5-year class life.

And with winters shorter and not as severe thats a bonus..

(Sternlicht)* Bonus: his take on interest rates and when they will come down. - The largest and most powerful rocket just went into space.

If they were the right land/building ratio and made sense to do a cost seg/bonus depreciation, could I potentially offset my entire W2 salary?

At a minimum, if you want to shelter W2 income you need to know the IRS rules regarding passive activity losses and the exceptions, and also about the largest tax sheltering deduction, which is cost segregation and bonus depreciation.

Here you go:Real Estate Purchase Agreementhttp://www.renegadewholesaler.com/bonuses/Purchase_and_Sale_buying.pdfAgreement to Assign Contract for Sale and Purchasehttp://www.renegadewholesaler.com/bonuses/Assignment_Agreement.pdfI just want to echo the sentiment that you should check with your Real Estate Attorney to make sure these are legal in your area.

I don't have a formula that I use and I'm much less concerned about cash flow than I am equity, although the potential added cash flow in your situation is a really nice bonus. 

I have funded quite a few Tax sale purchases on bare land in FLA and my clients I lent money to did well with them.. but they are spot lots. and they sold pretty quick on the open market not sure having habitat as a buyer is any bonus for U.

Appreciation is a bonus IMHO.Not every place down that way is a STR.

Scott’s “book on estimating rehab costs” and am having a hard time finding the bonus content.