So I recently read an article that talks about how Airbnb's are considered to be commerical properties for the sake of depreciation because of the average stay test. If this is the case, shouldn't you be able to gut renovate Airbnb's and put it in the QIP bucket and take bonus as long as you don't make the ADS election?

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That’s some good tax planning right there! Seems like that could weigh in favor of buying a fixer upper

You have to run the numbers and determine the average stay. Most people want the Airbnb to average less than 7 days so it’s recorded on Sch E as a rental to avoid self employment tax if there is income and then do a cost segregation study to separate out assets that can be 100% bonus depreciated. It’s usually about 20% of the cost. Just another option. I want to add that there are some rules you need to follow to “materially participate” to use losses to offset your regular income.

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