Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on . Most recent reply

What is the length of time in service needed to qualify for short term tax loophole?
If a property is purchased and renovated to be a short term rental in the same calendar year, how long does the rental need to be active in service (i.e. on Airbnb) to qualify as a short term rental for the short term rental tax loophole (putting aside the material participation and cost segregation study that are also needed)? I.e. If I were to purchase a property now, renovated it and get it up and on Airbnb in December with active rentals happening during that month. Would the propery be considered a short term rental that, should all other requirements be met, and a cost segregation study performed, to qualify for the short term tax loophole/bonus depreciation?
Most Popular Reply

You need to have at least two guest stays that average 7 days or less.
- Joseph Palmiero
- [email protected]
- 814-720-2493
