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depreciation
Happy Monday!
The Bentonville, AR-area deal is now open for hard commitments in the portal. We are now trying to close it by 12/31 so investors can capture the higher bonus depreciation by year-end.
If, for some reason you invest and closing is pushed back to 2025, and you were counting on the extra bonus depreciation, we’d be happy to cancel and refund your investment or move funds to a different deal.
One way to guarantee your extra bonus depreciation by year end is to invest in our fund by 12/31. Please note, we will need funds to be received and docs to be signed by 12/31 in order for the ~60% bonus depreciation to count.
The webinar recording for the fund and Arkansas deal is here.
We also have a new development being built in Lawrenceburg, TN right now that is on time and slated to open in April of 2025. This was originally called Seven Meadows but is now called Crockett Outpost. This will be a gorgeous lakefront 110 pad RV park with an awesome clubhouse that is already onsite. We’ll be taking advantage of new blue collar jobs heading to the area, as well as the close proximity to Davy Crockett National Forest nearby.
This does not qualify for the full bonus depreciation, as it is a ground up deal.
Please reply directly with any questions you may have. Thank you!
Chris Koerner