I have.) and 20 years of excellence at generous prices, all gone.

Benefits include immediate tax savings via bonus depreciation (60% in 2024), but depreciation recapture tax applies upon sale.This post does not create a CPA-Client relationship.

Not as big of an impact today, but I can see Trump reinstating the full bonus depreciation idea and making it retroactive. 

I would pay once and then immediately look for different cleaners or subtract from year end bonus.

So let’s be generous and say you’re getting a 9% return on your investment.  

I think we may see a return of bonus depreciation, but I doubt that it'd come without a cap of $1-2m, and a repeal of Sec. 179.

You and the other posters here have been generous in indulging me in this exercise of considering this "partnership" / BRRRR, but demonstrating that we can invest successfully on our own power before seeking out partners is not only my strong preference but just sound business logic.As a new investor my head starts to spin when I start to think about investing, and the many gaps in my knowledge reveal themselves: how to structure a partnership? 

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.

Multifamily and with strong retail tenants as a bonus. 

Any stats you can provide would be a bonus.