Anyone planning on taking advantage of the extended 50% Bonus Depreciation on their Mobile Home Park(s)? My tax advisor told me the land improvements of a mobile home park are included with the extended accelerated depreciation rule. In other words, we can depreciate 50% of the existing land improvements this year, then 50% next year. If that’s too aggressive for you like it is for me and you don’t need that much, you can make your own less aggressive schedule. How sweet is that?? Frankly, I’m pretty surprised that they extended this. Compared to 27.5 years for a sfh, a mobile home park is a no brainer!