He went through cost-segregation to capture the bonus depreciation as an STR and ...He saved more than $30,000 on his taxes.I see some YouTubers implying the "STR Loophole" is best for high-income earners and larger properties.

Hey BP fam — just popping in with a quick update that could save some of you a lot on taxes this year.The recently passed (7/5) Big Beautiful Bill has some major wins for real estate investors — including the return of 100% bonus depreciation, in addition to a couple other advantages. 1.

You can bonus depreciate two properties assuming they're placed in service in the same year.

A property placed into service in July 2025 will be eligible for 100% bonus depreciation.Best of luck!

However, the building itself will be placed in service in July 2025.Now that 100% bonus depreciation is back under the OBBBA starting January 2025, I’m wondering:Is this property eligible for 100% bonus depreciation, even though the land purchase and construction contract were from 2024?

I plan to cost segregate and bonus depreciate it, as I did with the ones that are local to me.

Yes, if you meet material participation and the average stay is under 7 days, you can generally take 100% bonus depreciation on both the building and furniture in Year 1 and use it to offset W-2 and 1099 income.

With the reinstatement of 100% bonus depreciation, many clients stand to benefit significantly through increased deductions and potential refunds.

I also always like to remind (ad nauseum) that if you don't have large assets to place into service in year 2 after taking bonus in year 1, you begin to understand why it's called a tax "shield” because there's no more shield in year 2 (ow).

Taking bonus depreciation early is a tax deferral, not a tax savings.Recapture is real and debt must be repaid!