And inventory does not qualify for 1031 treatment. 

Here are a few incentives as noted by the IRS:168(k) - Special Allowance for Certain Property (Bonus Depreciation)179 - Election to Expense Certain Depreciable Business Assets Other incentives included in the tax code, however, may reduce the need for a taxpayer to perform a cost segregation study because they give preferential treatment for certain qualifying 1250 property such as 168(e)(6) - Qualified Improvement PropertyHave you utilized either of these incentives as part of your cost segregation study?

What you can deduct are things like wiring, plumbing, window treatments, cabinets, windows, etc.

Yes, it's hard and there's pain and sometimes treatment required.

As always, your CPA should advise on thishttps://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals

@Dave FosterShouldn't a caveat be said about State tax treatment? 

I'll try to be helpful and concise here without being too long-winded...ESPP - Typically you buy this at a discount (Usually 15%) typically you get beneficial tax treatment on the discount and won't have to pay income tax on it as long as you hold it for their required holding period.

I do not get any special treatment or preferential deal flow by working for the company.

Be a great landlord - Provide timely communication, responsive maintenance, and fair treatment.

I'm going to try to have a level-head while writing this review since the treatment meted out to me was pathetic, to say the least.