Since tenants were living there under a valid lease, it may be possible to treat that period as rental use.Depreciation and cost segregation: A cost segregation study could apply to the property for the rental portion, allowing accelerated depreciation on eligible components.

That way, profits and responsibilities are clearly defined without making your friend a co-owner.Profit-Sharing Agreement: One person owns the property, but you can set up a contract where your friend gets a percentage of STR profits.

Depends on how you define scaling. 

Tighten the plan so you can move fast and credibly: pick one lane for 90 days (multifamily or storage), define a simple buy box, then run a daily pipeline rhythm: 20 broker/owner touches, 5 LOIs, 1 underwriting deep dive.

This means everything—from the building components (as allocated by a cost segregation study) to the new furniture—must be installed, fully operational, and ready for guests to use before the end of the calendar year to claim the full deduction on the tax return filed in 2026 for the 2025 tax year.To be fully balanced, you should also research "Depreciation Recapture" when you sell.

I actually belong to a credit union for my personal banking and I will definately check that out.

Clear agreements, defined repayment terms, and limited rights for the investors are critical.This post does not create a CPA-client relationship.

The social component of lead gen is way more important.When I was a brand new agent in 2015 I thought working with investors is going to be a home run.

How would you define us?

In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”Under MACRS, depreciable assets are assigned to different classes, with each class having a specific recovery period.