All Forum Posts by: Gabriel Virdaru

@Heidi Fischer

It's possible, but it would be extremely difficult to apply the STR strategy this year. You would need to get at least a couple of stays under 7 days before year end. To meet material participation, you need to log at least 100 hours of work and do more than anyone else involved. The "substantially all" material participation test is another option but it's more ambiguous and difficult to prove. You can start counting your time from the moment you're under contract. Tasks like furnishing, cleaning, and setup count, but education & research hours are generally disallowed.

Bonus depreciation is 60% for 2024 and scheduled to drop to 40% in 2025 unless legislation changes.