We brought in new cabinets and appliances (ya dig the cool, red, retro fridge?)

Hello, I just bought a duplex that needs updated appliances such as fridge, gas stove, and microwave.

(You’re already depreciating everything in the property< all you can do is depreciate it faster.)You cut a $600 used fridge into $85 deduction per year for 7 years instead of $25 for 27.5 so you get an additional $60 deduction saving $12 year in taxes?

I too tell the cleaners that they can take what ever is left behind in the fridge or freezer.

Cabinets were unreachable for anyone under 6'5"2) Instead of a Fridge he put in a College dorm sized tiny unit, spacing the lower cabinets according to that width. 

I'm actually going to keep the stove and replace the fridge with a smaller white one. 

I found it odd that the kitchen was the nicest part of the house in my opinion and they really didn't examine it or open cabinets or the fridge or anything.

Price - 235,000 - 3% from seller towards closingProperty Type - Multi FamilyYear Built - 1949Units - 4 unitsBed/Bath- 2 bed/1 bath per unitSqft - 500 per unit - 2000 totalRecent capital improvements-- 2018Unit 3: New fridge, window, vanity and toilet- 2017Unit 1: New deck, AC, washer and dryer, baseboard heaters,kitchen faucetUnit 2: New deck, AC, window, baseboard heatersUnit 3: New paint, carpet, trim, fixtures, baseboard heatersUpdated landscaping- 2016Unit 2: New fridge, stove, toilet, vanity, tiled shower, paintcarpet, trim, fixturesUnit 4: New tile flooring, bathroom sink faucet, kitchenfaucet, paint, trim, baseboard heaters, AC and fixturesNew roofHow I will be funding it?

Either or works Well just use this as a simple example 24 Unit apartment Complex ( B-  or C +  type  property Purchase Price - 1,920,000 ( $80k Per Unit ) may be low in this market Down payment - 25% = $480,000 Rehab - $ 6,500 per Unit ( some units  more than others ) = $ 156,000Common Rehab - Water Heater , laundry room if it has one , Paint of building , landscaping , windows , parking lot  , roof ( 10k - 70k ) This ranges a lot depending on the property Closing cost - 20-30k tax - 7,000 / year insurance - 12,000 ( wind n hail , general , fire  ) / per year Property Management ( 10 % ) = 2,160 / per month vacancy - 10 % = $ 2,160 per month Cap X ( fridge , window , curtains , doors , paint , roof , pavement ) - 1,080 / per month Landscaping - $ 800 per month simple repairs - $ 500 -900 per month common area electric - $ 300 per month Mortgage $ 7,500 ( 30 year amortization  , 4.75 % rate  ) Income - $900 per unit = $21,600 , this varies based on area . 

This could include utility repairs (fridge, stove, etc), contractor work (electrical, small repairs, door repairs, new locks, etc), and other wear and tear maintenance.CapEx - set aside 10% per month for when the "big ticket" items come due.