Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Grant Woodward Post cleaning pictures?
26 December 2024 | 9 replies
Cleaner took pictures of the condition she found it, then after cleaning.
Melanie Baldridge What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Marc Robinson Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
Years go by and eventually Grandpa gets tired of fixing porches, nailing gutters and steam cleaning carpets that 'have a couple more years in them. 
Stephen Fleming Newbie Plan. Thoughts?
14 January 2025 | 9 replies
The members here on BP that talk about STR auto-run systems didn't install those systems and find dependable cleaners & handymen overnight.
Steven Catudal Partnership split help
20 January 2025 | 11 replies
In my opinion it would be cleaner to split partnership based on monetary contribution and then remunerate each active party for their work if the active work is more on one partner than the other.
Elizabeth Orth-He How do you handle STR laundry for larger properties?
26 December 2024 | 9 replies
Then you can take them off-site yourself so you have time until the next changeover or create another option for the cleaners that they go back and finish the sheets and store them so their changeovers will be easier as well.
Eric Maxwell 1st time home buyer FHA live in flip
7 January 2025 | 0 replies
Carpet throughout (as Minnesota gets frigid in the winter) What was the outcome?
AJ Wong 🌊 Where to buy an Oregon Coast AirBnB Vacation Rental For Sale in 2025
16 January 2025 | 1 reply
. - Property Management: No STR can be successful without quality cleaners and management.
Ben Hofstra Best Bank Account for my Situation
9 January 2025 | 9 replies
I also use their virtual credit cards which enables me to assign a card to a specific person, like the cleaner for my STR for example, so when she runs a charge, it automatically drops into the right account in terms of categorizing my expenses.
Ethan A. Seeking advice: tenant violated lease with many cats
20 January 2025 | 7 replies
Then again I always pulled out any carpets from my rentals which definitely helps.