The exterior got a fresh coat of paint, and I added modern fixtures inside to attract buyers.

By prioritizing fundamentals over chasing ROI benchmarks, he’s now sitting on an asset that’s appreciated 30% and maintained strong cash flow.Personally, I once miscalculated reserves on a triplex I bought early in my career.

In San Antonio, I worked alongside an investor who converted an abandoned office building into modern apartments, leveraging tax incentives for adaptive reuse.The Right Moment to ActEconomic shifts in 2025 present a golden opportunity for innovative investors.

And the passive loss rules may prevent you from getting a tax benefit if your rental deductions are more than your rental income for all of these options.David OrrTax Modern

The renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

I removed the chimney and added modern HVAC, making it the only house on the block with it, significantly enhancing its value.

I removed the chimney and added modern HVAC, making it the only house on the block with it, significantly enhancing its value.

Clean, brightly lit, clutter-free, modern luxury. 

Some of the additional benefits include:Reduction in current tax liabilityInsurance savingsImmediate increase in cash flowMinimization of recapture upon sale of the assetIdentifying disposition expensesIdentifying repair and maintenance expensesEnergy cost savingsConstruction tax planningPreservation tax credits (historical and new market)Fixed asset reviewDEIRA Reports (reduces insurance premiums, benchmarking reports, energy audits and reserve studies)What other questions do you have about cost segregation?

The renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.