Updating kitchens and Bath What was the outcome?

Most people outside the profession don’t understand the time and capital it takes to make a project come to fruition.Before a single piece of equipment touches the ground, there are years of government meetings, environmental and site assessments, engineering studies, etc.Each step requires significant time, effort, and capital investment.But when done right, it creates a ton of value and transforms communities, which is why I love it.

Normally, you would only depreciate based on the life of the equipment, which could be as little ten years nowadays as a recent article mentioned new refrigerators now last 10 years or less.However, for taxes, you can do a section 179 election for equipment purchased for less than $1,160.

I would prioritize the fun parts that are a big drawl (usually the outdoor, pool, landscaping, etc.) as well as kitchen.

. $3K per bedroom, $1700 for kitchen/dining utensils, $300 per bathroom, and another $1000 for miscellaneous (smart lock, modem/router, cameras, board games etc).

@Russell Brazil If I have a basement and it has a kitchen and bathroom down there, is that considered a room or does that fall under ADU? 

My go-to site is Ingram's Water and Air Equipment. 

One-year leases are very common in smaller spaces, as you're most often working with tenants in the trade industry that need a garage styled space for tools and equipment, some with a small 1-person styled office adjacent the shop.

When you’re just starting, resources provide you with the knowledge, tools, and support needed to avoid costly mistakes, make informed decisions, and stay focused on your goals.So, if you’re venturing into real estate investing, make sure you’re equipped with the resources that can guide your journey.

I’m looking for a checklist of everything to buy and do - from installing a smart lock to stocking kitchen basics.