Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Tax and and expense question
New member, I own a vacation property that we use every month. Just finished building an apartment above the garage to rent out to a long term tenant. I realize I will need to find a good CPA but can anyone explain if this can get expensed in any way (construction costs). Or does it just get depreciated? I guess my confusion has to do with it being part of the existing vacation home. Any thought would be greatly appreciated. Property is in Oregon if that matters. Thank you!