Reviewing our 2018 books.I am working on breaking out & reviewing our rental expenses.There does not seem to be a comprehensive list of "bonus depreciation" items for the new tax laws.

I want to list it as a 2bd 1 bath 1600sq ft with bonus room (office/kids room).

*Bonus*** Does anybody know of a website that is like BiggerPockets but about stock trading?

As a bonus, the Operating Agreement would hammer out the details of each member's responsibilities, earnings, etc.

Or perhaps doing a cost seg plus using bonus depreciation could shelter it. 

Most have guest speakers with an educational topic, so that is an added bonus for going.A great website is www.meetup.com.  

Andrew Generally, yes you have to capitalize it but you can take 100% bonus depreciation in the same year. 

Yes, you can elect out of the 100% bonus depreciation (That would make you elect out of all other purchase in the same class), and take the deduction over the years, but most of the time people wouldn't do that. 

However, if you talk with your accountant, they may advise you that some of those items could qualify for bonus depreciation, which would enable you to deduct their costs in the tax year you acquired them.

I don't think I am getting max value for my spend so I am switching to the Spark Visa business card and will use that for 2020 because of the 200,000 miles sign up bonus.