At some point you’re going to pay taxes on 401k and traditional ira so that is a wash.

Building a wall and door to enclose the duct work and Hot Water Heaters - $1675Move the hot water heaters from under stairs to new room - $1265Move the washer/dryer from the laundry room under the stairs for tenant upstairs - (cutting concrete to move drain lines and installing new 220 outlet) - $3,520Remove wall in laundry. take out current door and add another door - reframe, sheetrock, - $4,180Create new bathroom with washer/dryer added, new shower/tub, new vanity, new toilet - $7150New kitchen cabinets and countertops - $4,290Move stove - new outlet - $675Replace bedroom ceiling - $715Replace pocket door in bedroom - $300Create master walk-in closet off current bedroom - $775Paint entire unit - $1300This includes labor and materials.

Scott,There are several items that you need to think about; common area cleaning, common area utilities (electrical at least), laundry room upkeep, fire alarm servicing and possibly monitoring, etc.

Whereas a well would provide access to an underground fresh water source.Many older rural homes would have a cistern for non-consumable water needs such as toilets, washing machine and outdoor faucets. 

I have an 8 unit apartment building that has two separate entrances (one for each 4 units) and each side has an internal door to the basement where there is laundry and extra storage. 

I had a military guy who wanted me to add quiet hours and laundry hours to the lease.

Commercial lenders have a laundry list of "no-no's" for this asset class.

Do I have to pay taxes on the $15k, or does it wash out due to the reinvestment back into another property?

. , laundry machines etc (which are there already ) in case of breakdown etc.this townhouse is part of community with Hoa so not sure what gets covered .

I’m looking for ways to cover the expense of the water and electricity and I’m looking at “coin” operated washing machine.