With this you may be able to  take advantage of Bonus DepreciationI would be happy to compare your deal if you had more specifics. 

Like others said, no court cases telling us otherwise, but if you look to other rules, they do have a claw back provision on bonus depreciation taken on vehicles in year 1 if the use dips below 51% year 2.

Know What You Can DeductIf your Airbnb is classified as an active business, you can deduct almost every ordinary and necessary expense tied to running it.Here’s a quick list of deductions most hosts miss:Cleaning, supplies, and guest amenities Repairs and maintenance Property management feesUtilities, Wi-Fi, and streaming subscriptionsAdvertising, software, and booking platform feesTravel to and from your property (yes, mileage counts)Home security systems and smart devicesProfessional fees — CPA, attorney, consultingDepreciation on the building and furnishingsPro tip: If purchased after January 19, 2025, you can take advantage of the return of 100% bonus depreciation under the One Big Beautiful Bill.

Given Portland’s rules and prices, keep it simple and conservative: define a tight buy box (SFH 3/1–3/2 or small duplex in stable, landlord‑friendly pockets), underwrite with real taxes/insurance from the address, PM‑verified rents, and a healthy repair/vacancy buffer; ADUs can work but pencil them as a bonus, not the reason the deal works.

Hi Shoshawna, You may want to consider getting a no-cost estimate of what an owner could receive in tax benefits with the 100% bonus depreciation that is available for purchases now and going forward.

Do a cost seg study and take bonus depreciation to offset other income.

it is 100% bonus deprecation after 1/19/25, otherwise 60%.

Don't sleep on the little bonuses you can get investing in RE. 

If you speak Spanish, that’s a bonus for me (but definitely not a requirement)! 

I'm all about and open to sharing this opportunity and using it as a learning opportunity and a bonus of financial growth so that maybe I can buy another one somewhere else in the future after having experience with a mentor.