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William Arrington
  • Gainesville, VA
72
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82
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Tax write offs and depreciation

William Arrington
  • Gainesville, VA
Posted

I am closing on 2 AIRBNBs and have started buying the things they will need. The question I have is... Will I be able to write off and depreciate the items since I technically do not own them for another week or 2. Everything being purchased is for the property but I don't want to get stuck without an item because of how weird the economy has been with no inventory.

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