Updated over 3 years ago on . Most recent reply
STR with duplex for tax benefits
Hi, I recently purchased a duplex where I've had to renovate and repair a good amount. I cant get REPS status but wanted to take advantage of the tax benefits of bonus depreciation. Is it possible to rent one side of the duplex as LTR and the other side as a STR and get the benefit of cost segregation and bonus depreciation through the STR? (Most of the renovations were on one side that would be used as STR).