Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?

Your active duty allows you to extend the 5 years to 10. 

Agree with others that you will probably need to lower the rent - suggest 5% every 2-4 weeks until activity picks up. 

In the beginning, I would personally shortlist properties and visit them to assess the property itself, the tenants, and the surrounding area.

That way you know they are active in the BP community!

Already there are many reports of increased listing activity in the surrounding areas and plans for many to relocate and migrate.

No active projects yet, but I’m gearing up to dive into multifamily properties, ideally 16+ units, with a focus on creative financing and NOI optimization.

They have paused for 100 days until they reconvene to re assess and study more the impact.

SO much of the program has to be executed, one by one by one, so I have to touch the same prospect/lead 3-4 more additional times to get it moved from list stacking, over to an active lead, and then into the dialer, and then into a drip campaign.

Focus on STR-friendly areas like Newburgh or Highland Lakes, and use platforms like AirDNA to assess revenue potential.