Tax, SDIRAs & Cost Segregation

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Rich Thomas
  • Investor
  • Salem, MA
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124
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Short term rentals- Tax write off

Rich Thomas
  • Investor
  • Salem, MA
Posted Jun 13 2019, 15:14

I recently purchased a property for which I will be utilizing as a short term rental year round. I am buying a substantial amount of furniture for the unit and I am wondering if all of these things (beds, sofas, TV, nightstands etc) will be a tax write off? Maybe under the “supplies” section?

I know this is a question for my tax proffesional but would love to hear some feedback before I call him..

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