Significant improvements were made to incorporate modern amenities, including contemporary appliances, a central HVAC split system and updated fixtures.The aim of the study was to identify opportunities for accelerated depreciation and tax savings in order to provide both immediate and long-term financial advantages for the property owner.Accelerated depreciation strategies can help real estate investors reduce their tax burdens immediately, boosting their bottom line in the process.For this property, 35.35% of the total depreciable basis was classified as 5-year class life.Assets identified in this category included:HVAC equipmentElectrical systems and fixturesFloor coveringsWindow treatmentsPlumbing fixturesThe remaining 64.65% of the total depreciable basis was classified as a 39-year class life.Assets identified in this category included:Interior walls and ceilingsBuilding structureBasic electrical and plumbing systemsGeneral building componentsDoors and windowsThe study resulted in a first-year depreciation increase of $62,803.40.An engineering-based approach was taken for this cost segregation study, which used the following methodology:A thorough site visit to photograph and identify property componentsA cost analysis using engineering principles to allocate costs to specific asset classificationsExamination of architectural plans, accounting records and construction documentsCalculation of depreciation using IRS-accepted methods like MACRSKeep in mind that bonus depreciation started to phase out in 2023.

My experience shows whole-unit rentals to families or solo professionals cut vacancy rates and simplify management over room-by-room.For faster occupancy and stability, try my hybrid co-hosting model: we market listings to insurance and corporate housing partners for mid-term stays (months to a year), boosting rent from $2,300/month to $7,300/month.

after about $550,000 in remodel costs we reopened the wash under a new name with new logos and branding. we introduced targeted online marketing ads, negotiated wholesale pricing deals with local car dealerships to offer a year of free carwashes with the purchase of a new vehicle. created a monthly newsletter and sourced emails from local businesses. all in all I would say we double or tripled the bottom line numbers of the business in six months and boosted google reviews thru the roof!

The planned Ebon Solar factory represents a potential $942M investment and over 900 jobs, further boosting economic activity if finalized.Infrastructure & Development: Ongoing city/county investments include access improvements (University Blvd upgrades) and significant expansion of the Mesa Del Sol Regional Sports Complex, aimed at attracting regional events.

There's still solid rental demand, and the lower cost of entry helps boost returns.Columbus, on the other hand, has stronger population and job growth, which can translate into better long-term appreciation and stability , but that often means tighter margins up front.Both markets are seeing more investor activity, so smart deal selection and local knowledge matter more than ever.

The 3rd thing that has reshaped my entire opinion of the tax advantages of real estate, is seeing my 88 grandfather holding five quite valuable illiquid properties, long story short it’s a mess, it’s causing family drama, he is in zero shape physically or mentally to manage them, the all have cap-ex needs, again these were amazing buy’s literally multiple properties he bought for under 50k that are now worth over a million but there is probably a time and a place for owning real estate, so I don’t really have a need to own more than maybe a few properties into retirement.

She was having mental health issues.

Avoid relying on things like hoping that the Fed will lower rates to boost prices—this isn't investing; it's speculative hoping.

Red flag with mental health issues so we eventually parted ways, but it was a good long run that saved us turnover costs and vacancy.

Quote from @Andy Horobec: Lately, I’ve been reading A Changed Mind, and it hit me: most investors don’t need a new strategy—they need a new mindset.This book dives deep into how mental shifts lead to tangible results.