Q&A: If a condominium complex is a short-term vacation rental, can I still do a cost segregation study?
Question:If I own and rent out a condominium complex as short-term vacation rentals, can I still do a cost segregation study? Answer:Yes. However, short-term rentals vs long-term rentals depreciate differently. Although a condominium is considered a residential property and typically depreciates over 27.5 years, short-term rentals typically depreciate over 39 years.Dwelling units rented for a