After much digging into depreciation tax law, I finally found an explanation that other short term rental hosts might find useful. Current convention requires u...
Another example illustrates that an 8 year old addition/remodel didn't make much total difference to their computational approach compared to the 41 year old ba...
This example should help: I built the house for $125,000 in 1980 on my pre-owed property. I then prorated it for the 19 days of rental by multiplying it by 19/3...
