If you've ever stared at IRS Publication 946 wondering how to actually use those MACRS depreciation tables, you're not alone. The Modified Accelerated Cost Recovery System sounds complicated, but once you understand how to read the percentage tables, calculating depreciation becomes straightforward. The tables do the heavy lifting, you just need to know which one to use and how to apply it. Think of the MACRS depreciation table as a cheat sheet from the IRS that gives you the

Accelerated depreciation sounds like the perfect tax strategy for your short-term rental. Until you discover the passive activity loss rules that prevent you from actually using it. Here's what happens more often than you'd think... You hire a cost segregation firm, they identify $200K in accelerated depreciation deductions, and you're excited about the massive tax savings. Then your CPA delivers the bad news, because your rental income is passive and you have a regular W-2