It’s 100% bonus depreciation for properties placed into service in 2017-2022, 80% in 2023, 60% in 2024, 40% in 2025, 20% in 2026 and completely phased out in 2027.

This gives you ratable spend over the long term, but you’ll surely have peaks and valleys in your spend profile, so ensure you have the reserves to carry the peaks.

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Also, was the Architect retained for construction phase services?

@Joseph O'Sullivan owners should ask less questions about prices & services and more questions about how services are executed!

Others may outsource services to private companies, such as maintenance or administrative tasks, to leverage specialized expertise or cost efficiencies.

My general rule of thumb is $5k in reserves for each property.

Just make sure to save up some of the money for a reserve to cover upcoming expenses like taxes, renovations, etc.

There will be a rise of flat fee brokerages (offering limited services) and creative compensation arrangements, such as RE consultants for time or a specific transaction.

Due to the expected influx, which will be primarily people wasting my time wanting me to write up their weak offers, we will be charging fees to unrepresented buyers for services they want us to perform.