My wife is a real estate professional (we can deduct real estate depreciation) so a property with significant bonus depreciation would be ideal. 

We have used it for the past year because that was one of our bonuses, but don't plan to continue that service.

Does anyone know with the recent Tax Cuts and Jobs act for 2024 if bonus depreciation of 100% has been extended to 2026 for short term rentals? 

I gave the contractor the work, and also a $2K referral bonus.

I just listened to managing rental properties and there are a few suggestions to use www.biggerpockets.com/ bookbonus to get forms but every time I try the website nothing downloads. Does anyone know why it doesn’t wo...

It will be interesting to see what happens with the pending legislation related to bonus depreciation (passed the House and in Senate). 

Bonus points if there is a group that can also provide legal guidance for those same areas! 

I'm looking for some guidance from folks who have been to this rodeo before, and bonus points if you've worked with Western Alliance Bank...before I spend a couple thousand without results.

if its all your money and risk. then the 50 /50 split is not warranted at this level.I would want a better split for sure.. something like Hey we pay you set fee and a bonus but no way 5050 at least for me

It should likely be capitalized and bonus depreciation can apply (special depreciation) which accelerates the rate at which you can write off the asset.