$Object = [PSCustomObject]@{

    Id = "1"
    Name = "VM01"
    Description = "A virtual machine"
    Location = "UK"
    IPAddress = "10.0.0.1"

}

$Object.PSObject.TypeNames.Insert(0, "Test.Type")
Update-TypeData -TypeName "Test.Type" -DefaultDisplayPropertySet "Id", "Name", "Description" -Force

$Object

# Id Name Description
# -- ---- -----------
# 1  VM01 A virtual machine


# Or run $Object | Select * to see all properties

# Id          : 1
# Name        : VM01
# Description : A virtual machine
# Location    : UK
# IPAddress   : 10.0.0.1