There are professional business licenses provided at the state level for realtors and other professional careers, but are not required for a simple RE investment LLC, which is typically setup to primarily provide a means of limited exposure to assets.

Those who have made a name for themselves on this site and who have more colleagues/followers are obviously going to get more exposure and traffic.

In my opinion they are a waste of money compared to the internet exposure.

If you had made the option incorrectly you could have accidentally put the number of years over a small time in which it could have been eleigible for bonus depreciation; however, that would be incorrect.

Bonus depreciation is your friend.

For owning and home and comfort with a little bonus cash, sure.

Hello, I have been fixing up a 3 bed 1.25 house with a bonus room for the past few months.

Would 50% bonus depreciation rule (for improvements) work here?

The bonus depreciation provision generally enables businesses to deduct half the cost of qualifying property in the year it is placed in service.

I'm sure it lessens the lender's exposure and helps keep apartment mortgages at lower rates.