@Carl wrote:
........if a taxing authority imposes "tangible property taxes" then any "savings" you may realize could be lost with having to pay a tangible property tax on the furniture every year to said taxing authority.
Depreciation deductions for federal income tax purposes have absolutely no impact on tangible personal property taxes levied by state or local taxing authorities.
With respect to Massachusetts, information concerning TPP tax can be found at the link below (and note that the tax can be imposed on property, such as furnishings, found in residential real estate (with an exemption for the taxpayer's primary residence) regardless of whether the furnishings are used in connection with rental real estate).
https://www.mass.gov/doc/personal-property-faqs/download
