Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Purchase price: $375,000 Cash invested: $101,500 I own a mixed-use property with a total of five units, four 1BR residential apartments and one commercial space.

You can’t deduct the full cost in the year you make the improvement, but you would depreciate it over the useful life of the improvement (usually over a period specific to the type of asset, like 5, 7, or 15 years, or over 27.5 years for residential property improvements).

I am a student in NYC, and have been working towards starting a wholesale company in the city, mainly focusing on servicing residential properties in Queens, BK, and LI.

A home was on it prior but burned down last year and it’s in the middle of a residential community.

I know that here in our area, snow removal services are difficult to find for residential areas. 

If you ever want to bounce ideas off someone who's been around the block a few times, feel free to give me a shout.Pat and JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

The #1 way real estate investors defer taxes to later dates is with a system called depreciation and bonus depreciation.Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income.Generally over a 27.5 (residential) or 39 (commercial) yr time frame.So each year you can write off a few percent of the purchase price against your income. 

Looks like there are some solutions out there. https://www.flows.com/residential-water-meters-sub-meters/

@Aidan Chaim most agents in the residential space focus on single family home sales and purchases..