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Updated about 4 years ago on . Most recent reply

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Nancy Bachety
  • Rental Property Investor
  • Sag Harbor, NY
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Adding a new pool to STR: expense it?

Nancy Bachety
  • Rental Property Investor
  • Sag Harbor, NY
Posted

Has anyone built a pool at their STR and included it as an expense? Legitimately. With their accountants blessing?
Or would it qualify, as long as it’s in service before and after the install?

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Paul Sandhu#4 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
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Paul Sandhu#4 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
Replied

You'd probably have to amortize it.  My guess is 10 years, but I'm not an accountant.  I'm a pseudo redneck ruffian genius.

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