I'm also a licensed agen and am looking forward to netowrking with all of you.

You are now just paying back all your tax benefits by being cashflow negative, and then still having a tax bill when you sell, since you wrote down your basis using bonus depreciation and realizing losses.All told, back to Joseph's point: you want a property that is a solid investment on its own.  

Alternatively, a compound interest option with a persistency bonus is also available. 

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

Hi all, I'm doing a flip where the original owner converted the 2 garage into a bonus room and added a carport to compensate.

Here are a few perks to the subto group:Over 10-25 hours of zoom calls every week.Over 400 hours of recorded zoomsAs a bonus, Pace will call your seller leadsYou get Pace's whole business in a box so you learn: wholesaling, creative financing, fix/flipHe brings in his transaction coordinator, probate attorney, real estate attorney and so much more.Trust me.

Appliances, carpet, and land improvements will be eligible for bonus depreciation in 2023.

Is  your loan issue a board decision, or is it some new hotshot VP of X they just hired trying to make his bonus by hitting numbers on the backs of customers for technicalities.Will you use this bank again, or are they poisoning the well.Let us know how this turns out,,,(once you can)...You say you were out of compliance for a year, but that was 9 months ago and are now in compliance.

Ive heard of the concept of bonus depreciation and cost segregation and was wondering if anyone can elaborate more on this.

If that's the case, then you'd be missing out on compound interest on anything you make over the 4%... not to mention that lump sum of taxes you would have still been earning interest on.Think of a pre-tax retirement account as an interest free loan from the IRS... drag that out as long as possible.Also, the tax deduction on the interest is another bonus for not paying it off yet.I would at the very most, increase the payment.