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Updated over 3 years ago on .

User Stats

12
Posts
2
Votes
Matt N.
2
Votes |
12
Posts

Bonus Depreciation on my Short Term Rental (Airbnb)

Matt N.
Posted


I came across this article that I found fascinating. How true is this? https://thedarwiniandoctor.com...

Essentially, because my avg rental periods are less than 7 days, and because I do spend lots of time managing my own short term rental, I am eligible to have my airbnb income/losses go against my W2 that I receive from my full time job. Additionally, I can conduct a cost segregation study and take a massive bonus depreciation the first year, which will reduce my taxable income. Has anyone tried this? Any advice? 

Another guy also talks about it here.. https://www.youtube.com/watch?...