Also, you should look into Oil and Gas passive investment that will reduce your taxable w-2 income.

There are a total of 13 lots with city provided utilities & sewer, and natural gas. 5 are currently park owned homes. 2x 2024's 2x 1990s 1x 1970/s.

Keep in mind seasonal rates for electric/gas.

Probably won't have a legal contract, no complete SOW, they'll run late and CO you. 1 of my favorites is them not using Understand Service Alert (now called 811) & angering a gas/comm/electrical line lol.

These tend to be locations where you are running a business more than investing in real estate and you can't take your foot off the gas.

Also, may be a good idea to carry line insurance for water, gas, and sewer.

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

But since you originally said each unit had a gas meter, then was there a fifth gas meter for the central furnace?

Separate utilities help; if house-heat, bake that gas into expenses.

And for many investors, the gas tank is on empty, there's only one draw's worth of money left.