
26 June 2025 | 1 reply
Hi All,We are working with elevator company to replace one elevator in 5 floor residential building.

3 July 2025 | 13 replies
And remember that if you're doing a 1031 exchange, you have an additional 45 days after the close of your sale to identify your potential replacements.

3 July 2025 | 17 replies
If you buy turnkey and all the major items have been replaced such as the roof, HVAC, etc, then it will last quite awhile and you shouldn't have much maintenance.

23 June 2025 | 4 replies
Hello Victoria, I usually do 5% vacancy, 5% maintenance and 5% capEx.As you said this will be dependent on how old the main components are and how old the house is.

15 June 2025 | 8 replies
Replace it with a better grade of carpet.

18 June 2025 | 4 replies
That means:Depreciation recapture under IRC §1245 is triggered at the time of sale.You’ll pay ordinary income tax (not capital gains) on the depreciation taken on these components, including bonus depreciation.Even if the replacement property has similar assets, the IRS treats them as newly acquired, so the prior depreciation is recaptured and taxed.Tax mitigation strategies:New cost segregation on the replacement property to front-load fresh depreciation that can offset income (especially useful if you qualify for REPS or STR material participation).Strategically use suspended passive losses or time the sale during a lower-income year to reduce your effective tax rate on the recapture.Consider installment sale or partial exchange structure, if applicable, to spread gain.Let us know if you'd like our downloadable 1031 exchange, we can send that over to help you build out your roadmap.This post does not create a CPA-Client relationship.

24 June 2025 | 6 replies
And every component has a design life, it will eventually need to be replaced.

26 June 2025 | 7 replies
@Michael C berry jr so another component to be concerned about is the ownership of the lots in Steamboat.

14 June 2025 | 2 replies
Any experience replacing a roof in a beach town (Galveston or Crystal Beach in particular)?

27 June 2025 | 12 replies
What are other units on the market offering in terms of finishes as well as what are the renters expectations. i would say it is worth spending a little more for more durable components even if the market does not require it as @Adam Bartomeo said