Most contractors will take the appropriate measures to protect the materials on site and the only project that may be effected by snow would be replacing a roof.

Hi All,So we got hit pretty hard from Hurricane Ida and need to replace two full HVAC systems in our Triplex.

As investors, what caused you to pull the trigger on getting your roof replaced?

Any early nonqualified use will forever taint the property and some portion of the gain will be taxable (unless a step-up in basis occurs under IRC Sec. 1014 after the death of the taxpayer)When sec121 qualified property with non-qualified use is involved in 1031: (non-qualified period tacks on)Depreciation: In other words, where a taxpayer's residence is the relinquished property in a tax-free exchange, any gain attributable to depreciation deductions relating to the residence can be deferred until the taxpayer disposes of the replacement property received in the exchange.Gain: The Code Sec. 121 exclusion has to be applied to gain realized before applying the nonrecognition rule of Code Sec. 1031Illustration 1: A, an unmarried individual, buys a house for $210,000 that A uses as his principal residence from Year 1 to Year 5.

Well, I just got a bit of news all of us just love - the HVAC needs to be replaced!  

Guidelines need to change to make sure the Flippers are not being replaced completely by the next big rage "New Construction".I believe in the next few weeks or months companies that only did Fix and Flip / Bridge Loans with a couple of rental loan thrown in for good measure will SHIFT to funding Ground Up New Construction.

Arguably, one day if the triplex is demolished, an attached house adjacent to the one I build could replace it.What about 9’ wide building with bump outs on the second and third floor?

When I up the rent or replace a tenant I adjust it.

My area it is $6 sf to replace.

But you can purchase any type of replacement investment real estate.