Quote from @Benjamin Weinhart: Hey Ben, I reference my old boss because I have never seen this practiced myself.

None of the above works unless you take action and put it into practice.

I'm not saying you can't ask for it, but in a practical sense it likely doesn't matter on most small sales. 

For all practical purposes, 100% bonus is dead, as far as I know.Depreciation, bonus or regular, starts when the property is placed in service, not when purchased and not when cost seg is done.

None of the above works unless you take action and put it into practice.

I've seen them allOn paper its fantastic, in practice not so much, but at that point it is too late... 

The ambition is great to scale fast, but you can treat the smaller deals as practice as you learn to scale. 

Hello, I am trying to vet general contractors. What is the legal maximum allowed amount for a down payment (%) on rehab projects? How do I avoid a mechanics lien on a future property? How do I make sure the subs are p...

A house is always valued and appraised using residential practices which uses comparable sales.

@Chris SeveneyI do want to minimize liability considering I intended to have multiple properties under one LLC capped at 10 just because somewhere along the line I was told this is good practice.