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SQR Financials and Insurance
Hari Pottam
Confidential Client Presentation

The Tiny Home
Tax Strategy

How a Tiny Home on Wheels can generate immediate tax savings, tax-free retirement wealth, and long-term cash flow — all in a single year.

100% Bonus Depreciation
Roth IRA Conversion
OBBBA 2025
Non-Recourse Leverage

"Tax savings are easier than you think."

Foundation

What Is a Tiny Home on Wheels?

🏠

The Asset

A Tiny Home on Wheels (THOW) or Park Model RV is a movable, certified dwelling designed for short-term rental. Think Airbnb-ready, fully equipped living spaces on a trailer chassis — deployable anywhere.

⚖️

The Legal Distinction

Unlike a house, a THOW is classified as Business Personal Property — not real estate. This single distinction is what unlocks 100% first-year bonus depreciation under IRC §168(k).

📋

The Classification

Must be properly certified as a THOW or Park Model RV. Must be mobile (on wheels). Must be used for business — not as a personal residence.

💡

Why It Matters

Traditional real estate depreciates over 27.5 years. A THOW — classified as personal property — can be fully expensed in Year 1, creating a massive front-loaded tax deduction.

The Advantage

THOW vs. Traditional Real Estate

Traditional Real Estate — Year 1
$873
Year 1 depreciation on an $80K investment. You wait 27.5 years to fully recover your cost. Your capital is locked up, growing slowly.
THOW — Year 1
$24,000
Tax savings in Year 1 on an $80K THOW at a 30% bracket. Full deduction immediately. Capital freed to reinvest right now.
Traditional RE — Break Even
27.5 yrs
The IRS forces you to spread residential depreciation across nearly three decades. Inflation erodes the value of those future deductions.
THOW — Break Even
Year 1
Entire deduction taken immediately. Tax savings reinvested from day one. The One Big Beautiful Bill Act (2025) made this permanent.
The Mechanism

How Bonus Depreciation Works

01

Purchase a THOW for Business Use

You (not your IRA) purchase a certified THOW. It must be used exclusively for business — short-term rental (Airbnb), long-term rental, or commercial use. No personal use.

Required
02

Place In Service Same Tax Year

The THOW must be delivered, placed in service, and ready for rental within the same calendar year you claim the deduction. Timing is critical.

Critical
03

Claim 100% Bonus Depreciation

Under IRC §168(k) and the OBBBA (2025), deduct the full purchase price in Year 1 — including the financed portion. A $200K THOW = $200K deduction.

Tax Savings
04

Apply Against Ordinary Income

The deduction offsets ordinary income — W-2, IRA distributions, Roth conversions. If it creates a Net Operating Loss, the excess carries forward indefinitely.

NOL Carryforward
05

Manage Recapture on Exit

When selling, use a 1031 exchange to defer recapture indefinitely — or hold until death for a stepped-up basis, eliminating all recapture.

Exit Strategy
Interactive Model

Build Your Tax Savings

Adjust Your Scenario

$200K
20%
32%
$100K
Total Depreciation Deduction
$200,000
Full purchase price, Year 1
Your Cash Out of Pocket
$40,000
Down payment only
Immediate Tax Savings
$64,000
At your bracket
Net Tax on IRA Distribution
$0
Fully offset + NOL created
The IRA Play

The $100K IRA Restructuring Strategy

🏦

Traditional IRA

Full balance

$100K
💵

Distribution

Taxable event

+$100K income
🏠

Buy THOW

$40K down + $160K loan

$200K asset
♻️

Roth Conversion

$60K → Roth IRA

Tax-free forever

Net Tax Due

After $200K deduction

~$0
Event Income Added Offset Net
IRA Distribution ($40K used for down payment) +$40,000 -$200,000 depreciation $0
Roth Conversion ($60K balance) +$60,000 Covered by NOL $0
Total Federal Tax Impact +$100,000 -$200,000 $0 + $100K NOL Carryforward
Due Diligence

Conditions & Risks to Manage

⚠️ Passive Activity Rules

The biggest risk. Depreciation losses can only offset ordinary income if the rental is short-term (≤7 days avg) or if you qualify as a Real Estate Professional (750+ hrs/yr).

⏰ Same-Year Placement

The THOW must be delivered and placed in service within the same tax year as the IRA distribution. Missing this window delays the deduction by a full year.

🏛️ California State Tax

California does not conform to federal bonus depreciation. CA clients still owe state income tax on the full IRA distribution. Plan for a $9K–$13K CA tax bill separately.

🚫 Prohibited Transactions

If using an SDIRA, you cannot personally use the THOW, do any repair work yourself, or transact with family members. Violations disqualify the entire IRA immediately.

💰 Depreciation Recapture on Sale

When you sell, the IRS recaptures prior depreciation at up to 25%. Mitigate with a 1031 exchange into another THOW, or hold until death for a stepped-up basis.

✅ Loan Structure

Must use a chattel loan or $1 buyout lease — not floor/dealer financing. The investor must be the tax owner from day one to claim the full purchase price as the depreciable basis.

📄 UBIT / UDFI (SDIRA Only)

If using an SDIRA with leverage, UDFI tax applies to the debt-financed portion of income. All-cash SDIRA purchases are generally tax-free inside a Roth IRA.

✅ No Bonus Depreciation in SDIRA

If the THOW is owned by a Roth SDIRA, there is no bonus depreciation — but all growth and sale proceeds are tax-free. Choose: deduction now or tax-free wealth later.

The Bottom Line

What You Walk Away With

💰 Tax Outcome

  • $100K IRA converted to Roth — near zero federal tax
  • $60K Roth grows completely tax-free
  • $100K NOL shields next year's income
  • No RMDs on converted Roth balance

🏠 Asset Outcome

  • Own $200K income-producing THOW
  • Only $40K cash invested out-of-pocket
  • Rental income covers loan payments
  • 1031 exchange or hold-to-death on exit

✅ Next Steps

  • Confirm passive activity status with CPA
  • Identify THOW builder / placement location
  • Structure chattel loan correctly
  • Coordinate IRA distribution & THOW delivery in same tax year

This presentation is for educational purposes only and does not constitute tax, legal, or financial advice. Consult a qualified CPA and tax attorney before implementation.

Your Strategist

Meet Hari Pottam

SQR FINANCIALS
Hari Pottam
Financial Strategist

"Tax savings are easier than you think."

The Foundation

Hari's career began in the entertainment industry, working with Motion Industry Pension and Health Plans — one of a very few organizations providing both health benefits and pension plans with lump-sum distributions upon retirement. It was there he first saw how powerful the right financial structure could be for working families.

The Mission

The market crises of 2008 and 2020 shaped his mission. Watching colleagues see their retirement savings slashed overnight drove him to find better strategies — ones that protect against market volatility and high taxes, no matter what the economy does.

Pension & Benefits
Tax Strategy
Retirement Planning
Wealth Protection