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Business & farm
Yes, a "transient" property would be depreciated over 39 years. That is dictated by Tax Code Section 168(e)(2).
However, are you providing "services", such as maid service or meals to the tenants? If not, it still belongs on Schedule E as a rental, and would not belong on Schedule C (but it would still be 39 years, even on Schedule E).
‎February 2, 2023
5:14 PM