Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 3 months ago on . Most recent reply

User Stats

17
Posts
7
Votes
Preet Oberoi
  • Investor
7
Votes |
17
Posts

Tax benefit of STR/Tiny home - Will it work ?

Preet Oberoi
  • Investor
Posted

Hello everyone, I am looking into buying my first Airbnb and the sole driver for this choice is to be able to take depreciation of my two LTR properties against my W2. Can anyone poke a hole in this approach ? Also, within this approach, the option that attracts me the most is purchasing and installing a 'tiny home' on a campground that allows it. Has anyone done this and can share how to go about it and their experinece ? I also wonder if this unconventional STR would pass the criteria for the STR test for tax purposes. Any insights you can shre around these questions would be super helpful.

Most Popular Reply

User Stats

12,523
Posts
15,273
Votes
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
15,273
Votes |
12,523
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

Airbnb is a company so the only way to buy one would be to own stock in the company. 

I think tax benefits should be secondary to buying something that would work well as a STR.

I would recommend you consult a tax professional to see what possible tax benefits you could receive from buying this STR.

  • John Underwood
  • Loading replies...