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Updated 9 months ago,
Cost segregation/Bonus Depreciation STR in Sevierville/Gatlinburg/Pigeon Forge area
I'm looking to figure out a rough estimate on the percentage that can be used for bonus depreciation if I were to purchase in this area. Yes, I am planning to follow the rules for the STR loophole to go against my W-2 income.
Has anyone performed a cost seg in this area?
If so, what percentage was found to be eligible for bonus depreciation? I assume this would be on an average ~500k/600k 2/2 1,500sqft cabin
I just need to know if its around ~20% or ~50% of the value in this area. Something ballpark. Any engineers or CPAs do one recently here?
Thanks!