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All Forum Posts by: TJ Moreno

TJ Moreno has started 4 posts and replied 12 times.

Post: Using (1) residential unit as storage/office in a fourplex

TJ MorenoPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 13
  • Votes 3

i get 725 for the unit. To rent a storage about a mile away would cost me about 100 a month. These are long term holds so just trying to create an area that is for me my wife and kids for the long days that we may be there when a unit is empty. Often end up spending more money buying additional material from the local big box stores instead of driving allthe way back home which is at least 35 minutes each way. 

Post: Using (1) residential unit as storage/office in a fourplex

TJ MorenoPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 13
  • Votes 3

Fortunate enough to have been able to purchase (4) Fourplexes on (4) Separate lots in a cul-de-sac.  Running into storage issues at home with all the materials it takes to maintain 16 units(tile, rug remants, fixtures, tools etc.) .  I am thinking about using the smallest unit of the 16 and make it a storage/office space so that all materials and tools are on site and do not have to lug back and forth from my home when a unit is empty or when something needs to be fixed.  Also, will provide me with a restroom so that I will not have to run down the nearest fast food joint when I need to go or the wife and kids.  Will also be installing internet on this unit so I can monitor my stuff via my IP Cameras and using the basic services of the unit (gas/electric) as I plan to have a refrigerator there.  Any issues or concerns anyone sees with these expenses being tax deductible or any other issues or concerns.  Property is financed and located in Central California.  Thanks.