This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.

Once again thank you for all your input and I hope you all have an amazing week and a happy new year!

I'm sure the people who wanted the wild west of SIDRA type accounts will be probably disappointed with a new regime.

I would have never dreamed of being a new home builder 15 years ago.

Renovated the basement unit, new roof, new soffit/ facia, new gutters, new exterior paint that was paid for by seller.

this is the same in all markets .. guru constantly pumping new folks to wholesale .. for every 3 that enter 3 then quit but it mucks it up. 

I can see where you're coming from, as we're testing new formats and guest combos on both shows, and the distinction can be a little blurry.

Quote from @Pravit Jarriyapurttipong: Hello,I live in Queens New York but I want to invest in Buffalo New York.Which town should be easier to manage?

Therefore, it sounds as if this also goes hand in hand with creating a new partnership return for every LLC unless they are single member LLCs.

@Brady Bitter since  you are buying new construction what makes you think you are getting 25% equity.