You can take bonus depreciation on any property that has assets that qualify.So to answer your question, yes, you can take bonus depreciation on components of a house that is used as a MTR.However, what you may want to determine from a conversation with an accountant is whether the activity will be treated as active or passive.The next question would be, even if you can do a cost segregation study, would the added depreciation from bonus depreciation be beneficial.

Quote from @Shaun Ortiz: Simple question about closing day in the Buffalo area:For those who have recently bought or sold property here, is it the standard custom to receive the keys at the closing table after all documents are signed and funds are wired, or is there usually a delay until the deed is recorded the next business day?

I’ve helped new investors think through strategies to maximize profit, and tax planning is definitely one of the key pieces to making that happen.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

Hi BP community, I’m Lisa Hentrich, founder of Golden Key Acquisitions LLC, based in Kauai, Hawaii.I launched my real estate investment company to create fast, fair solutions for sellers and strategic opportunities for investorsespecially in off-market land and wholesale development.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

I've found this mortgage calculator breaks down all the components really clearly: https://ultra-calculator.com/calculator/mortgage-payment.

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 100%, a $1 million gas station acquisition could still lead to $200K+ in year 1 deductions depending on the specifics of your deal.

I'd make sure just how much extra tax benefit will open up for you annually compared to the cost of the study.You are exactly right - a cost seg will get deferred in a 1031 exchange as long as the property you are purchasing is roughly the same components of things that were cost segregated.

The percentage you get back in a cost seg depends on the mix of components in the property — some buildings just have more personal property and land improvements than others.