Bonus points, document the journey for your kids/grandkids.

I expect to pay about ~$35k in taxes this year.I also understand it will only be 60% and not 100% bonus depreciation for this year.

Honestly, we should have been easy clients - we came to him with a plan in place wanting his help on claiming REP status, setting up a cost segregation for a rental property bought and functioning in 2022, so that we could file for 100% bonus depreciation for that tax year.

I do love learning new things, so that would be an added bonus. 

Cost segregation can be a help, especially with the bonuses available, but you want to make sure the numbers are right.

It’s free bonus material when u get the book. 

Had to forego on bonus depreciation (had done a cost seg) because I'd end up paying more tax for my 2024 return due to the recapture rules.

Honestly, we should have been easy clients - we came to him with a plan in place wanting his help on claiming REP status, setting up a cost segregation for a rental property bought and functioning in 2022, so that we could file for 100% bonus depreciation for that tax year.

I want to pay my credit cards off ($15k) and adopt children (estimated to cost $10-15k) My company will reimburse me the adoption fees, but not until it's finalized so I am hoping to do a HELOC so I can re-use that monies later on for bonus items like a pool or something fun for the kids.

You can deduct any amount of bonus depreciation"?