Perfect, thank you for the bonus info as well!

Honestly, we should have been easy clients - we came to him with a plan in place wanting his help on claiming REP status, setting up a cost segregation for a rental property bought and functioning in 2022, so that we could file for 100% bonus depreciation for that tax year.

3. 60% Bonus Depreciation in 2024: Does this apply to the building only?

Special bonus if it's a landline number.I have my eye on 25 units in duplexes, quads and a 7-plex (my favorite size) owned personally (not in entities) by 5 different people now all over the age of 70. 

Quote from @Bradley Buxton: @Dave MeyerRegardless if the numbers the stock market seems to be more of a VC casino than a wealth building strategy.  

Bonus depreciation doesn't go away, it goes down to 80%. 

Being able to do some work yourself is a bonus.

Example: the floor plan that I’m doing on oak island is 3 br 2 bath with unfinished bonus room (at time of listing that’s how it will read) - on pylons cost is about $190-200k for build.

We both are drawn to either single family long term rentals, or STR's in the right locations.Right now we have $20k cash available for immediate investment, with the ability to increase that to $60-70k in the next 3 years through savings and bonuses at our day jobs.

Bonus points if I'd be able to upload all of our Mint data and could hit the ground running with the new service!