What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.

The property portal’s new forecasts call for national home prices to rise 2% in 2024, and just 0.9% over the next 12 months (now through September 2025).

Since you already own a property, you wouldn’t qualify as a first-time homebuyer anymore, so FHA loans with their low down payments may not be an option.

I have properties in the city that I allow pets bc I know those tenants will be required to clean up after them per city laws.

She needed to sell quickly to afford cancer treatment in Chicago that her insurance wouldn’t cover. 

I have a mix use building in CT. the ground floor tenant is a bar/restaurant that recently moved in. they got a $2M General liability insurance and is asking if that's enough. or if they should get an umbrella. the property is valued at around $700k, fyi. where can i read up on best practices for such a case?

Macon, GA, has plenty of potential for this strategy, especially with its affordable property prices and rental demand.

What type of property?

They love to sell you on the dream of easy money but rarely talk about the times when things don't go according to plan.

State Farm and Obie Insurance are who I typically use for investment properties.