Short-Term Rentals
Start your Benefit Analysis
Owners of short-term rental property (Airbnb, VRBO, Booking.com, etc.) significantly accelerate depreciation and increase cash flow by identifying and reclassifying specific property components into shorter-lived asset categories. The additional deductions may then be used to offset ordinary income (such as W-2 wages), not just rental income.
Get started on your complimentary Cost Segregation benefit analysis today.
Hull & Knarr Experience
Hull & Knarr uses engineering‑based methodologies supported by CPA review, designed to maximize defensibility, not just the deduction size. We document your study as if it will be reviewed. And if you are audited, we will be there to defend you.
01
FEASIBILITY
Estimate of potential benefits for specific buildings. Our team identifies the property owner’s tax position and significant property characteristics to estimate study benefits.
02
GATHER
Next, our team collects documents like appraisals, property condition reports, ALTA surveys, closing purchase documents, blueprints, vendor reports, and/or construction documents.
03
ANALYSIS
After the standard data collection, we we conduct an on-site tour, examine relevant documents, classify cost information, including personal property and land improvements.
04
Arrive
At this point, we create a comprehensive report, including study results, methodology, property photos, and tax law support. This report becomes the basis of your audit defense.
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