However, bonus depreciation doesn't apply abroad; instead, the Alternative Depreciation System (ADS) with longer periods is used.The Short- Term Rental Loophole Explained (biggerpockets.com)

**Consider Alternative Options:** - If you can't afford an STR now, think about partnering with someone or exploring other financing options that might help you get into the STR market sooner.### Conclusion:Don't worry about overthinking it; it's good that you're considering all your options carefully.

Thanks that’s very helpful, I’m just starting to look at alternatives to simply selling stock since I now see how negatively impactful that would be to my long net worth so I’ll be exploring the options you mentioned, thanks again!

Most leases you can purchase are generic in nature and do not equip you with very helpful tools to manage your property in the most effective and efficient manner, lowering costs, reducing liabilities, creating revenue centers, etc. 

Ask them to give you alternatives to replacement.

Unfortunately, human nature is such that if I do spend hours, days, months vetting a sponsor, and ultimately sign off on them, I will already be biased to accepting the next deal they offer, regardless of whether it is good or not.  

This would make decision making hard, on top of likely needing owners to sign mortgage guarantees, etc.Not enough involvement/too many owners, that you no longer satisfy SECs rules for involvement and it is really a security that needs registered or exempted.Some middle ground, like DSTs or these other fractional ownership, where the admin work is so intensive that fees need to be higher to make it worthwhile for the operator.Then again, I am drawn to real estate, so by nature drawn to traditional, proven structures.  

The alternative is to save up 20-25% down and do more traditional investing.

And on the alternative investment side, I have real estate, private equity, venture capital, GP Stakes, music royalties, litigation finance, etc.I don’t feel comfortable, sharing my portfolio amounts etc on the public Internet.

Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.