Ryan Wamsat
Depreciation on 1 unit of a fourplex
I read somewhere (couldn't find it again, for reference) that if I replace an item, such as an AC, in one unit of a fourplex, I can capture 100% depreciation in that tax year. The logic being that I replaced only 25%...
Kerry B.
Making 2 room studio into legal one bedroom
I was wondering how one would turn a 2 room studio into a legal one bedroom in Philadelphia? Just moving the bedroom to a different location with windows, a door and a fourth wall? Would this require a permit? If I mo...
Joe R.
100% bonus depreciation question
Can I claim 100% bonus depreciation for tax year 2018 on a new air conditioner for a residential rental property?
Kari D.
Advice on improving indoor air quality!
Seeking ideas and advice on how to improve indoor air quality. We have a cinderblock home built on a concrete slab from 1952. Have had IAQ tested twice and readings showed higher levels of Co2 (house was closed up pri...
Zach Knoll
How Do You Define Cap Ex
As a property investor or manager, it's crucial to grasp the concept of capital expenditures (CapEx) in multi-family properties. CapEx refers to significant investments made to maintain, improve, or upgrade a property...
Andrew Flora
Stinky Hallways and Stairwells
Hi,
I have a large multi family property that I self manage. It has 3 common indoor hallways that are about 120ft long 1 on each floor and stairwells. In the past the building has allowed smoking, and I have since...
Cindy H.
Repairs and reno priorities on a rental property
We just purchased a rental (1950's raised bungalow) and assumed the tenants in three suites. The home inspection showed that there's a bit of work to do and I wanted to get some opinions on priority for repairs. Tenan...
Julio Gonzalez
Commercial Buildings and the Need for Energy-Efficient HVAC Systems
If you own a commercial property, I would bet that you have been trying to find ways to reduce your expenses to improve your bottom line and you’ve been experiencing high energy costs. 40% of a building’s total ener...
Rich Shene
2nd hand smoke entering from adjacent townhouse
I recently purchased an end unit townhouse to be used as a rental unit. When I purchased the property I did notice a faint cigarette smell that I was sure I would get rid of after completely renovating the entire prop...
Terri Pour-Rastegar
New Roof = Very Hot Upstairs
Hello everyone! I'm hoping someone here can give me some insight as to why the top living level of this house became very hot since putting on a new roof barely a week ago.
First, here's the hous...