Basis Property GroupFull component index ↗

Inside a beach house rental

See what gets built, what gets installed, and how a study classifies each asset.

Preparing your rentalThe complete model loads before the walkthrough begins.
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Empty siteBuild & classifyYear-one totals
Preparing the model and materials…

That was a hypothetical beach house rental. Yours has its own purchase price and land split.

See the first-year deduction range a study would look for on your building.

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Edit the dollar example & see the assumptions

This is an illustrative $1,400,000 oceanfront beach house short-term rental, not a study of any real property. Change the numbers to explore proportional allocations; a study determines actual asset costs.

Full example assumptions and allocation table

See the rendered stills
Middle-floor cutaway with three furnished bedroom suites, private bathrooms, a shared hall and an occupied projecting bay window.
Three bedroom suites and a bay reading seat
Upper-floor cutaway with eight dining chairs, a kitchen island, living room, window game banquette, guest suite, stairs and elevator.
Ocean-view living, dining for eight and a game nook
Ocean-facing porches above a furnished garden terrace, privacy screens, outdoor shower and a timber walk toward the dunes and public boardwalk.
Covered porches and the path to the beach
Eye-level view across the upper living room, eight-seat dining table and glazed doors onto the ocean-facing covered porch.
Gathering upstairs with the ocean beyond

Blender renders of the same model the walkthrough uses.

Dunewren House: every component and its recovery period

The fictional property has a $1,400,000 total investment including $500,000 of nondepreciable land. The tables below list every component this walkthrough builds, the recovery period it is assigned in this illustration, and its illustrative allocation.

illustrative assumption. A real study's allocation comes from the specific property's own records.

By recovery period

Recovery periodComponentsIllustrative amountBonus-eligible here
5-year9$95,000yes
15-year6$72,000yes
39-year (building)14$733,000no
Total allocated to depreciable property29$900,000

Component by component

ComponentRecovery periodIllustrative amount
Living, dining and gamesPortable living, dining and tabletop game furnishings are 5-year personal property in this example.5-year$19,000
Kitchen & laundry appliancesThe removable kitchen and laundry appliances are 5-year personal property in this example.5-year$15,000
Primary bedroom furnitureThe movable bed, bedside tables and bedroom furnishings are 5-year personal property in this example.5-year$14,000
Upstairs bedroom furnitureThe movable upstairs bed, tables and furnishings are 5-year personal property in this example.5-year$10,000
Guest bedroom furnitureThe movable guest bed, dresser and room furnishings are 5-year personal property in this example.5-year$9,000
Twin bedroom furnitureThe movable twin beds, bedside storage and furnishings are 5-year personal property in this example.5-year$8,000
Porch furnitureThe movable porch chairs, table and cushions are 5-year personal property in this example.5-year$8,000
Outdoor dining and seatingPortable outdoor tables, chairs and shade umbrellas are 5-year personal property in this example.5-year$7,000
Television and electronicsThe television, audio equipment and removable network devices are 5-year personal property in this example.5-year$5,000
Crushed-shell drivewayThe improved crushed-shell drive is a 15-year land improvement in this example.15-year$18,000
Oceanfront terraceThe detached paved entertaining terrace is a 15-year land improvement in this example.15-year$16,000
Private beach access walkThe privately owned detached timber beach-access walk is a 15-year land improvement in this example.15-year$14,000
Coastal plantingThe installed planting beds and irrigation are 15-year land improvements in this example.15-year$12,000
Garden and path lightsThe detached path lights and their dedicated circuits are 15-year land improvements in this example.15-year$8,000
Garden privacy screensThe freestanding garden privacy screens are 15-year land improvements in this example.15-year$4,000
Bedroom-level wallsThe walls, windows, doors and general building services stay with the 39-year building in this example.39-year$188,000
Living-level wallsThe upper walls, windows, doors and general building services stay with the 39-year building in this example.39-year$183,000
Pilings and parking levelThe foundation pilings, structural beams and attached storage stay with the 39-year building in this example.39-year$80,000
Shingle roofThe roof covering, framing and roof flashings stay with the 39-year building in this example.39-year$49,000
Residential elevatorThe elevator, shaft and permanent controls stay with the 39-year building in this example.39-year$32,000
Bedroom-level flooringThe structural floor and permanent wood flooring stay with the 39-year building in this example.39-year$30,000
Three bedroom bathroomsThe permanent bathroom fixtures, tile and plumbing stay with the 39-year building in this example.39-year$30,000
Living-level flooringThe upper structural floor and permanent wood flooring stay with the 39-year building in this example.39-year$30,000
Kitchen and built-in seatingPermanent cabinets, counters and the built-in game banquette remain with the 39-year building in this example.39-year$24,000
Living-level porchThe porch attached to the living level stays with the 39-year building in this example.39-year$24,000
Stairs and landingsThe attached entry and interior stairs stay with the 39-year building in this example.39-year$22,000
Bedroom-level porchThe porch attached to the bedroom level stays with the 39-year building in this example.39-year$22,000
Upstairs bathroomThe permanent upstairs bathroom and plumbing stay with the 39-year building in this example.39-year$13,000
Outdoor showerThe attached shower enclosure and permanent plumbing stay with the 39-year building in this example.39-year$6,000

Sources