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I am under the impression that the short-term rental activity is part of the selling model. If you reported the rental income on schedule E, you would be required to depreciate the home. Inventory for sale is not depreciated. ------------------------------ ...

This message was posted by a user wishing to remain anonymous Thank you so much Brijesh.

ADS Application for All Entities: Once the 163(j) election is made, the Alternative Depreciation System (ADS) must be used for all properties subject to depreciation for all group entities. ADS Property Scope: The ADS typically applies to real estate ...