I reconcile our trust account each month in about ½ an hour.

Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elements and roofingBasic HVAC componentsWater heatersFire protectionThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

DM me, and I will send you contacts for attorneys, lenders, and accountants they have previously used.

I have them tell me how long a project will take to complete, and then I add buffer days or maybe up to 2 weeks, depending on how long / complex of a project it is and potentially accounting for weather if it is outside work.

this is where the gray area comes in with accounting.

They get an ACH from my tenant in their account same day, but won't do the same into my account.

If you’re still sorting through your taxes, it might be worth running it by your accountant. 

Feel free to reach out with any accounting questions.

Does the cost per sqft account for electric and plumbing? 

They should pay just like someone on a regular lease pays - cash or equivalent into your bank account.