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That's Fire!!! 

Many people (especially ages 9-16) use the expression "That's Fire!" a lot. What they usually mean by that is something is so awesome that it is like fire. Or, rather, something is so cool that it is on fire (figuratively). So, to sum it all up, the phrase "That's Fire," is used for awesome things.
Ben: I made a story! Guess what the main character's name is?
Larry: What?
Ben: Bob!
Larry: Wow! That's FIRE!!!, bro!!!
Ben: Yeah. Guess what he does in the book?
Larry: What?
Ben: He eats DINO NUGGETS!!!
Larry: Bro, that's SUS!!!
That's Fire!!! by Sus... December 20, 2020
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that's fire

A term commonly used (especially around Hillsboro, Missouri) to describe one's excitement about a certain event, object, or situation. Similar to the phrase, "that's hot." The meanings are similar.
Corey: What up pimpin?
Trevor: Nothin big worm, just snatched up some BL for a lil pong action tonight.
Corey: Aw yea, that's my boy. I twisted up some phillies too.
Trevor: Fuck yeah, "that's fire" bra!
that's fire by Vondy5586 February 23, 2009

That shit's fire 

A simple statement acknowledging next level greatness
^ One hit off that joint from Ned's stash, and four hours later I'm still buzzed
> Yeah, no kidding. That shit's fire
That shit's fire by thurb August 8, 2021

Thats Fire. 

when something is off the chain, something so amazing that makes u see dat fire.
Hey yo Anthony do you see that, Hell yea bro Thats Fire.
Thats Fire. by Dale Sucio October 3, 2007

danm thats kinda fire 

almost fire but not fire yet
friend 1: i got into my audition
friend 2: danm thats kinda fire