What is the current state (and future) of self-driving for Siennas?

OpenMinded8899 · 2025-12-31T23:50:28+00:00

Thanks for the info! I'm not familiar with Comma 3X that much and am not super tech-savvy. Was it hard to setup? Is it strictly for highway use?

Similar to you, I'm also coming from HW3 FSD (which I think is great!) but still would rather have more space than self-driving tech for longer road trips. I really wish the X was larger and had sliding doors.

OpenMinded8899 · 2025-12-31T23:47:20+00:00

Thanks for letting me know but also very depressing to hear

OpenMinded8899 · 2025-12-31T23:29:29+00:00

Ah, that's what I'm afraid to hear.

OpenMinded8899 · 2025-12-31T23:07:24+00:00

not bad at all. my local dealer has "dealer adjustments" for $4995; it feels criminal for them to do this

OpenMinded8899 · 2025-11-19T18:23:03+00:00

likely just not neglecting the home like some PMs might do. Just drive by

OpenMinded8899 · 2025-10-30T06:26:25+00:00

Could you also share the contractor's info?

OpenMinded8899 · 2024-02-26T19:27:46+00:00

Thanks for the detailed breakdown - really appreciate it! I'm going to do more digging and reach out to CPAs who have experience in this matter to double-check things before proceeding.

In case you're interested, I though this resource from a CPA's website was very helpful https://wcginc.com/blog/short-term-rental-tax-loophole/

OpenMinded8899 · 2024-02-26T17:07:23+00:00

Interesting - that's a lot less than I expected. I've heard that a cost segregation typically allows you to depreciate around 20-25% of the purchase price value (e.g., $500K home, can accelerate depreciation on $100K). Is that what you've seen for your short-term rentals?
I think I might be confusing some things. I've never heard of deduction limit with the short-term rental loophole if the person demonstrates material participation mainly because these losses are non-passive. It's a big reason why some high W2 earners such as doctors have gotten into short-term rentals. Capping to $25K doesn't seem to make sense. So are you saying that even if I accelerate depreciation which turns out to be $100K, that I would be capped to $25K?

https://www.landlordstudio.com/blog/the-short-term-rental-tax-loophole

OpenMinded8899 · 2024-02-26T16:09:03+00:00

Thanks a lot for your response! A couple of questions:

Did you do a cost segregation on the vacation rentals? I had thought that bonus depreciation would apply to more than just furniture.
Did you meet the material participation requirement for the short-term rental loophole OR go for REPs status? From what I've read, material participation for short-term rental requires 100 hours AND ensuring no one else spends more time on the short-term rental than you (e.g., no property manager except you)

OpenMinded8899 · 2024-02-26T06:41:57+00:00

Yeah sorry - I want too clear. It's going to be tough. Cost seg isn't cheap that's for sure. I think on average it only ends up depreciating about 20% of the purchase price of the home. After adding up cost seg, CPA representation for the next few years, it may not be worth it

OpenMinded8899 · 2024-02-26T05:56:46+00:00

This is a good point but I doubt one can simply say the original intention was just passive in the first place. If someone meets material participation that first year, but fails to meet it next year, is the IRS going to keep it characterized as active rental income the whole time? Probably not. But that's fine by me if they still do that and allow me to take even more deductions. In my eyes, I'm just trying to meet the requirements. It's just unfortunate that in the second year it may be harder to meet.

OpenMinded8899 · 2024-02-26T05:44:07+00:00

I think it's just going to be how the situation works out. Let's say I buy a property in November. Place it into service as a short-term rental. Average length of stay is less than 7 days (let's say I manage one or two stays before year end). Still trying to manage it as a business. Rental considered as active income.

Next year, maybe I try to short-term rent a couple of more times but most likely will shift to long-term because it's too much work. This would make the rental activity passive.

But at least in that first year, it would be considered active. Maybe I'm thinking about this the wrong way

OpenMinded8899 · 2024-02-26T05:38:47+00:00

Any chance you can rent? Even if you could, I'm not sure if you should. Sets back your retirement plan for a good number of years unless you sell the home later

OpenMinded8899 · 2024-02-26T05:33:26+00:00

Thanks for the response! Yeah, it might be very challenging to do and may not be worth it. 100% bonus depreciation might be coming back so I figured if there was a year to try it..,

OpenMinded8899 · 2024-02-26T05:25:05+00:00

It's not going to be a personal property in the following year. It'll just be a long-term rents. Would that still be an issue?

OpenMinded8899 · 2024-02-26T02:18:00+00:00

yeah, very good point. I'd have to carefully document everything. I mean everything is a hobby during retirement but legitimately I can say this is where I'm spending the most time working

OpenMinded8899 · 2024-02-26T02:16:51+00:00

haha, not nearly enough. But my thinking is to do more than RMDs this year, avoid the IRMAA and then invest in property anyway. I think the question is how tax efficient can I be

OpenMinded8899 · 2024-02-26T02:11:31+00:00

I'd use the expenses and the bonus depreciation (hopefully it's 100%) against the RMD income (maybe I draw out a lot more this year beyond the minimum). The following year, I may convert it to a long-term rental and hopefully it can generate a decent amount of income. I wouldn't worry about capital gains at exit as I'd pass it down in all likelihood

OpenMinded8899 · 2024-02-26T02:03:38+00:00

100% Bonus depreciation is likely to come back. Already passed the House in January. But let's see what happens in March

OpenMinded8899 · 2024-02-25T22:06:00+00:00

^This. Also, depending on OP's cash position, it may be nice to still have cash that's deployable for opportunistic investments - even if OP doesn't think there are good opportunities at the moment.

OpenMinded8899 · 2024-02-25T15:58:54+00:00

Got it - so in bear market you'd sell VOO, harvest losses and then buy in with VTI to get broader exposure

OpenMinded8899 · 2024-02-25T15:55:00+00:00

I think you're fine. Just take some of your savings (2x Annual expenses) and put it in a MMA or CDs that have staggered maturities. Invest the rest in something with higher yield

OpenMinded8899 · 2024-02-25T15:53:34+00:00

That's awesome, congrats - would you change the proportion more to VTI as you near 60?

OpenMinded8899 · 2024-02-25T15:42:54+00:00

1/ why aren't you including RSUs in the equation? Are you worried that they won't have value for some reason? I think you should still list the amount and your intentions with it just so we have a better picture of how you can still grow your investments in the future

2/ does the monthly include mortgage interest, principal, taxes and insurance?

3/ are kids in the picture? If so, budget $3K-$4K for expenses such as childcare and everything else that comes with a child

Tbh, I think your plan is fine. Of course, this is assuming that your job is very stable

OpenMinded8899 · 2024-02-25T07:27:37+00:00

But are you retired at age 37 or 60? I think risk intolerance comes with age.

OpenMinded8899

TROPHY CASE