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Updated about 1 year ago,
2023 STR Cost Seg -> 2024 MTR/LTR conversion implications?
I am considering a strategy where I buy a STR in 2023 (do cost seg + bonus depreciation on it), then convert it into an MTR/LTR next year. My CPA said that this has never been done before, nor does he recommend doing it. Curious if anyone has actually tried it.