So thats why my comments on the high end fishing lodges of CA Alaska MT WY etc..

@Hunter Foote  Curious if Worcester required this to be a lodging house or similar as a duplex or was it rented still as two separate units. 

It is nowhere near Sun Valley prices, yet you are only about an hour and a half away.Accessibility: Despite its rural feel, Mackay is an easy in and out drive from larger hubs like Idaho Falls, Hailey, and Sun Valley.Tourism and Recreation: The area has all the raw ingredients for eco lodges, cabins, adventure tourism, or even a boutique ski operation.

When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that land itself is not depreciable.

You are not renting a room.EXECUTIVE QUALITY FURNISHED APARTMENTS:2 BR apartment - Working Labradors - 3 beds2 BR apartment - Resting Labradors2 BR apartment - History Channel - 3 beds2 BR apartment - Home Theater2 BR apartment - Sports2 BR apartment - Ocean Sailing Ships - 3 beds2 BR apartment - Dogs Playing Poker2 BR apartment - Action Movies2 BR apartment - Rock and Roll2 BR apartment - Quentin Tarrantino2 BR apartment - Country LivingAFFORDABLE FURNISHED HOUSES:3 BR house - Schwarzenegger Tribute - 2 baths - 4 beds2 BR house - Garden Spot - 4 beds2 BR house - Matchbox 203 BR house - Forrest Gump3 BR house - 5th Street Retreat - 4 beds4 BR house - Grand Central Station - 5 beds3 BR house - Retro3 BR house - The Green House - 4 beds2 BR house - 7th Street Retreat - 3 beds2 BR house - 6th Street Retreat - 3 bedsBIG HOUSES:The Hunting Lodge - 2 story - 5 beds - 2 bathsThe Taj Mahal - 2 story - 8 beds - 2 bathsThe Big House - 3 story - 8 beds - 4 baths

.- I also cohost and manage properties in Tokyo for other owners.Along the way, I was fortunate enough to get a brief feature on the BiggerPockets Rookie Podcast with Ashley and Tony - which honestly inspired me to push further and keep building.I’d love to connect with others here who:- Have explored investing internationally,- Are working with tiny homes or alternative lodging, or- Are experimenting with tech/AI in real estate.And of course, if anyone’s ever in Tokyo, let’s connect on the ground.

But if you want to take advantage of the tax benefits and toss in not paying for lodging for a Disney vacation you might have a reason to do it. 

If you add alternative lodging like cabins or tiny homes, you may need additional licenses or fall under different STR (short-term rental) regulations.

For example, when we started buying in the Costa del Sol by buying a first holiday villa in a small town, we figured out that:- There is no lodging crisis like in the big cities like Barcelona;- Even if there was a lodging crisis, the people who are victim of it would couldn't to buy or rent that kind of property anyway;- Tourism and second home owners are very important to the local economy.There is a logic behind which areas are more favourable.

If you do end up investing in STR, I'd recommend properties that appeal to a variety of guests, even in low seasons, and also where you have either a local's knowledge or perspective to understand your target market and create that unique and solid experience for them (which is why they'd pick you over other lodging options).