Hey all,I have been doing some learning about tax implications for owning rental properties and I had a question.Its my understanding that you can carry over net operating losses from year to year basically indefinitely until you sell one day and can write them off of your capital gains.I also understand that if you purchase an asset for your rental, say a refrigerator, you have the choice to either deduct the full amount for that tax year, or depreciate the refrigerator over a certain amount of years and take the deduction divided up between those years.My question is why would it ever be advantageous to depreciate an asset rather than simply deduct it for the current year, even if you are already operating at a loss, if those losses will just carry over indefinitely?

Again, if you have the net worth and liquidity to secure a loan, and a professional management company to operate property, AND have a network if investors that will invest with you, you could form the partnership, find the deal, and get it all done on your own.  

Great topic guys.My opinion is that it depends on the source of your cashflow, if you're running a wholesaling operation then you need constant cash flow to operate.

Larger operation expensesIn the ideal situation, a multifamily unit in a nice area that has a high renter population would be great.

Including a lot of problems in some of our clients' business models, but fortunately, we have helped them to find alternatives to reduce operational costs and keep maintaining the post-pandemic results.

I do not operate Grandscapes anymore, though I do still offer landscape design and consulting services. 

I am a 25 year old Senior Process Engineer working full time in the optical industry overseeing manufacturing operations for producing perception glasses and part time BiggerPockets fanatic/ Investor. 

It still operates today.

Additionally, setting up this first partnership meant ensuring that we have the infrastructure in place (credit cards/banking/operating agreement/business plan) to make sure we're ready to scale up from here!

You'd have to speak to whoever is the operating principal at the brokerage.