My friend said the rehab numbers were just made up, they broke even on the project but got big bonuses from HGTV to help make the project "sparkle".

I am thinking about buying an SUV over 6,000 gvwr in hopes of lowering my taxable income using the first year bonus. 

By acquiring a property that has very high bonus depreciation (accessed/proven through a cost segregation study), it can create same-tax-year losses that can offset prior gains. 

If you are about to run out of time and neither of the remaining 1031 options is suitable, you may want to try to reinvest before the end of the calendar year into a "highly depreciating" asset that will allow you to use a lot of bonus depreciation in the same tax year. 

I am about to publish a BP article on the topic of saving massive taxes using bonus depreciation for those who can't complete a 1031 exchange for some reason. 

or (2) invest in a DST (Delaware Statutory Trust) -- these vehicles accept 1031 funds on a fractional basis, or (3) invest in an asset in the same calendar year with high bonus depreciation (which is typically accessed/proven through a cost segregation study).

*note* I also figured if I turned it into a Llc I could take a vantage of bonus appreciation and get that $150k back

I was wondering if anyone was interested in investing in commercial real estate, if so I would gladly send over a few leads, I'd like to make a generous referral fee if it's possible.

I assume that I will be paying the 15% and if I have a 1031 deal in my back pocket that makes sense on a stand-alone basis … bonus tax deferral!

To give you guys some context on my situation, I recently graduated college and have a net worth of -$47k: -62k in student loans** +17k in savings, I got a 'W-2' job in a reputable company earning around $50k base with around $6k in bonuses, and I'm living with my parents in the Houston, Texas area (woohoo free rent and food) so I am able to save around 1-2k a month.