They also get a small bonus on every review they generate.

Because I did not buy this on Biggerpockets, am I not able to access the bonus content.

Looking to talk to someone who’s had experience adding a bonus room/sunroom in San Diego.

Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

@Louis Hamilton,If a HELOC doesn’t work, you might consider these options:1.

Several of the contractors offer helical piers but don’t seem to think they’d be a more cost effective option - we can directly ask about this again.  

Bonus, Overtime, and Commission income all typically need a 2 year average either at the same job or in the same line of work.

The more cash on hand the more options.

I believe that's their primary business model.Seems like this would be a great bonus! 

We’ve found a great option for us in Tennessee with a cabin (currently used as a str) and a mobile home.