The financial viability of the strategy is maximized when a Cost Segregation Study can allocate a high percentage of the purchase price to short-life assets (like furniture and fixtures), leveraging the current 100% Bonus Depreciation to create a substantial "paper loss" in the first year.To use the 100% Bonus Depreciation against your 2025 W2 income, the STR and its eligible assets must be fully "placed in service" by December 31, 2025.

If you need to make some design improvements - have the furniture ordered the day or closing and the photographer soon thereafter.

Hello, does anyone have furniture damage language to include in the lease for a fully furnished unit?

It's a 3 bedroom house, so most tenants don't want to move all their furniture again after only a few months.

I literally walked in one last month with mold and mildew growing on the couch and other living room furniture. 

There are buyers that want specific room sizes....my furniture will only fit in a bedroom X x X size or larger, or I need a living room bigger than X x X. 

I’d first ask CMHA locally how they’ll view the change, mock up furniture in both layouts, and only convert units where the rent bump outweighs cost and potential market shrink.

Only appropriate potted plants and other outdoor furniture are permitted on patios, decks and balconies.

Unless you have a perfectly flat floor, the floating floor is going to flex as people walk on it, put furniture on it, etc, and the worse true your floor is the better that locking system has to be to keep the planks from coming apart.

I was able to produce a ~$40K write-off, which translated to some nice tax savings.