What if I bought the Short-Term Vacation Rental property and the furniture was already in place? I don’t know the cost.

You should estimate the current fair market value of each item and put that value in the most recent year on the business property statement. 

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1. What is a Short-Term Vacation Rental?
2. What personal property do I have to report?
3. What do I need to report?
4. What if I bought the Short-Term Vacation Rental property and the furniture was already in place? I don’t know the cost.
5. What if I threw away some furnishings during the year?