Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 month ago on . Most recent reply

User Stats

17
Posts
8
Votes
Tom E.
8
Votes |
17
Posts

Furnishings Tax Question

Tom E.
Posted

As I work on preparing my first STR which I plan to materially participate in for 2025 and manage myself I'm wondering about furnishing the place and getting it ready for guests. It is 3 bd place and I'm wondering what the ballpark is for furnishing it? I can price and use AI all I want, but I'm wondering about real life experience what to expect? I plan to spend more in master with nice bed (king+) in there with a queen then potentially bunk versus two twins in third bedroom.

As I purchase this in 2025 and have 0 personal use throughout the year I then plan to cost seg and use that for bonus depreciation (or what is left of it before phase out)... and wondering what % of furnishings I can deduct? There will be a few bigger items like a nice couch and new appliances. Finding mixed results from a tax perspective of a cutoff where I need to depreciate over years with bigger purchases (>3k if I remember correctly). 

thanks!

Most Popular Reply

User Stats

2,478
Posts
2,040
Votes
Andrew Steffens
#3 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
2,040
Votes |
2,478
Posts
Andrew Steffens
#3 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
Replied

As a super round number I find $20 per foot works in most cases.  2,000 sqft - $40k all in - designer, assembled, from beds and couches to forks and knives.  I am in FL so I imagine there are regional disparities to consider.

business profile image
Vacation Rentals of Florida
5.0 stars
1 Review

Loading replies...