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17 January 2025 | 11 replies
After 25 years of co-living have now graduated to one side of a duplex.
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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.
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13 January 2025 | 1 reply
., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.
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6 January 2025 | 13 replies
Find out the inventory of duplexes in your market.
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30 December 2024 | 103 replies
.- Buy one lot in area I can start building a duplex or fourplex on.
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13 January 2025 | 11 replies
We bought our first rental property, a duplex in Portsmouth, VA, in what we assessed was a C neighborhood in March 2023.
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9 January 2025 | 4 replies
I own a duplex in San Francico (Potrero hill).
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2 January 2025 | 9 replies
I have a condo in Connecticut that generates a cash flow of about $750 a month, and I have approximately $130,000 in equity at a 3.25% interest rate.
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8 January 2025 | 9 replies
On one of our duplexes, the tenant on one side reported that the smell of marijuana is coming from the other side.
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7 January 2025 | 13 replies
You can find a duplex in a C-class neighborhood for about $210k+.