The building is very well built, but it has aluminum wiring for the outlets and light fixtures.

After getting a couple of calls from tenants for things like electrical outlets not working or a leak under the sink, etc., I thought it might be a good idea to put together a document that might tell them how to check out the obvious things.

Probably closer to double or triple that amount.)If we assume that $950 goes to operating costs (water, management, repairs, improvements, vacancies, etc etc ad naseum-a roof will age, water heaters break, hvac units leak, pipes burst, outlets die, carpets rips- you get it!)

If you want him out, let him know at that time that you want him out and serve him with a 30 day notice.

Being available once a week for rehab estimates hinders productivity currently.MarvinHi MarvinThank you for reaching out!  Let

@Dave Saveri to preface, accelerated depreciation separates into three categories according to the Internal Revenue Code:"Personal, or tangible property" depreciates over 5 years"Land improvements" depreciates over 15 yearsBuilding, or structural components (everything else) depreciates over 27.5 or 39 years (which may change with the new tax reform to 25 years)That being said, some examples of 5-year property are: furniture, fixtures & equipment, carpet, decorative light fixtures, electrical costs that serve telephones and data outlets, shelves, decorative molding, etc.Some examples of 15-year property are: parking lots, fences, signage, etc.It is important to note, that the IRS highly recommends these property allocations (cost segregation) to be sourced according to the MACRAS Modified Accelerated Cost Recovery System, and the IRS Cost Segregation Audit Techniques Guide, and not estimated.

As my house in Ohio is old I knew how to deal with this there are three legal solutions, change the outlets back to 2 prong, replace them with GFCI outlets and then mark them as "no equipment ground", or rewire the entire thing (or if you can just run a ground wire).

Just open a couple outlets and look if the ground is properly wired.

It's really no different than any store or retail outlet that you shop at.  

. $2000Freshen up the floors $500Deep cleaning - $240To get more money each month and reduce your vacancy, you should also consider:Swap out the outlets, switches, and about 4 lights -- $200 labor + materialsKitchen and Bath?