Actively marketing the property and handling tenant relationsCost Segregation: allows you to accelerate depreciation by breaking down the property into different components, such as personal property (appliances, carpeting, etc.) and land improvements (landscaping, parking lots, etc.), which can be depreciated over a shorter period typically 5, 7, or 15 years rather than 27.5.

Hello Cleveland Investors and Landlords,What do you think is an affordable price for getting your grass cut monthly by mowing/landscaping services?

I live on long island and run a landscape business here right now. 

The contractor took 3.5 months, and her mortgage was $1,500 not including utilities and landscape (oh and market/escrow time).

It’s interesting how those factors shape the investment landscape in Texas.

& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.

You can virtually empty and stage rooms, and even do landscaping, all within a photo!

Navigating the mortgage landscape can be complex, but I am dedicated to making the process as smooth as possible for you.Looking forward to connecting with agents and investors sharing some of the experiences we face in the industry on a regular basis!

Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC I completely agree—housing affordability is such a crucial issue, and it’s fascinating to see how Austin’s zoning efforts are reshaping the landscape.

This included updating the kitchen and bathrooms, improving the landscaping, and finishing the basement to maximize rental potential.