They're pretty helpful with hypothetical questions like this.Thinking longer term, this lot could be developed up to 7 regular dwelling units (or more via the CA state density bonus, if you include at least one affordable housing unit):Lot size: 6,750Zone: HBX-2Density for HBX-2 zone: 1 regular dwelling unit per 930 sq/ ft. of lot space, or 1 rooming unit per 465FAR: up to 3.0Building has a minor historical rating (see link below)...

My CPA is telling me that while truck is eligible for Sec 179 (although doesn't seem to differentiate between bonus vs 179?)

Because of bonus depreciation, it is likely that the first several years of returns will not be immediately taxable under either structure.

can you self manage a new property 2024 and take advantage of the STR loophole and take advantage of bonus depreciation (60%) to offset W2, but then give it to a property manager to manage in 2025 (understanding that in 2025 we won’t be able to offset W2 for year 2025)?

The other 'bonus' of going to a laundromat is they can do multiple loads all at the same time.I was curious so looked up local price (in Canada). 

I live in upstate New York far northeast in Clinton County, if anyone knows where that is bonus points, but I was born and raised in Brooklyn, NY (It's a far cry from home).

I like the idea of giving him some moving money or a bonus of some sort.   

Cost seg in a bonus depreciation setting appears to be a no-brainer, but when bonus depreciation is not possible the advantages seem more murky.

So I always hear people talk about cost segs and bonus but no one mentions the ordinary recapture component.The IRS doesn't like people taking ordinary deductions one year, then selling an item, and getting all capital gain later.So they created recapture, to match up amounts.

Could you drive Uber Lyft door dash....Lyft pays $2500 bonus after 60 rides in 60 days or something like that.