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Updated about 1 year ago on . Most recent reply

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4
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1
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Tejaswi Redkar
1
Votes |
4
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Active STR in Dubai. Need bonus depreciation advice

Tejaswi Redkar
Posted

Hello,

I have an active STR condo in Dubai since 2022 and I was planning to do a costseg study to claim bonus depreciation. Premium condo and a lot of high-end upgrades and furniture. Is that possible? Does IRS have any constraints on bonus depreciation for foreign STRs? Will the costseg investment be worth it?

Thanks

Tej

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