Elon Musk's SpaceX is not the only game in town for Aerospace as the industry continues to grow in Austin.

I am looking into purchasing a seasonal trailer site and an adjacent industrial lot with Quonset.

@Craig Cann I had not dealt with soaked carpet pads or wood subfloor but in a generic basis ozone treatment worked for us however I have heard others use enzymatic cleaners such as Nature’s Miracle or Rocco & Roxie are the best in getting them out completely. 

In short: $558k gross, ~9% cap, modeled cash-flow of ~$92k/yr with professional management (or ~$140k if self-managed), and conservative 5-yr after-tax proceeds of ~$1.4M.I’m sharing the math, assumptions, depreciation treatment, and the risks/opportunities I saw (value-add ideas, occupancy sensitivity, and market comps).

In short: $558k gross, ~9% cap, modeled cash-flow of ~$92k/yr with professional management (or ~$140k if self-managed), and conservative 5-yr after-tax proceeds of ~$1.4M.I’m sharing the math, assumptions, depreciation treatment, and the risks/opportunities I saw (value-add ideas, occupancy sensitivity, and market comps).

That means depreciation recapture applies on your share when you report the sale.This is one of those situations where it’s worth having a CPA or tax attorney review the deed to confirm how title was structured, because that detail drives the tax treatment.

The main difference is liability protection, not tax treatment.

Ask the custodian about fees, funding timelines, and check processing so your deals don’t stall, and run your plan by a CPA to confirm UDFI/UBIT exposure and tax treatment before you commit.

Tax treatment has such a significant impact. 

Tankless may cost more upfront and could require higher electrical capacity, but for occasional single-sink use in multi-tenant industrial units, it’s likely the more efficient choice.