For example you are putting in low grade laminate and all other listings are putting in high grade vinyl.

How is the condition of the roof, mechanicals, walls, foundation and exterior?

Make sure the exterior of your property looks inviting and well-maintained.

Luxury vinyl floors, no carpet means quick turn arounds.  

Landscaping upgrades, exterior painting, new siding, a new roof, and upgraded front doors and windows can dramatically increase ARV by improving the home's exterior appearance.5.

I updated the electrical, painted everything, and “cleaned the property up nicely” exterior and interior.

There is still some value there although distressed unless its a tear down in my opinion for the foundation and exterior walls if salvageable .

Are vinyl and or laminate floors installed as a carpet replacement in 1 unit of a 4-plex considered repairs vs improvement?

Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?

This gem is had vinyl windows, some refreshed baths and kitchens, a newer roof, sleek vinyl siding, and brand-new furnaces and hot water heaters installed in 2023.