Get the ball rolling on it now, and lock it when rates drop again.

My rent roll is over $1m/month.

Perk test was performed back in 1985 and it was confirmed not to perk in a certain area, but owners aren't sure which.

If you have a DMSH election in place for the tax year and the total expenses allocable to the HVAC subsystem are more than $2,500, you would capitalize.If there is no DMSH election in place, you'd apply the betterment, adaptation, restoration (BAR) tests to make an expense vs capital expenditure determination.Either way, if the allocable costs are capitalized, my firm takes a partial asset disposition for the old system, which helps.

Perhaps run a test ad for your units coming up and see how the response is so you have an idea of what is ahead.

We just rolled out Poo Prints at one of our properties recently which DNA tests dogs so hopefully it helps.

I also realize now I should have paid $500 for a smoke test when I was doing due diligence before buying.

Given the debt free nature of those properties you've got a lot of possibilities You may want to test the market to see about a value add project in the low 1 million range. 

Cashflows $500 a month with me living in the 4th unit....still doesnt pass the self sufficient test per FHA rules....can't find much better around here.  

Many were hopeful IRS would have made an announcement regarding filing due date relief, but it's understandable the Coronavirus is testing emergency plans of every business, including IRS.Generally, no taxes were due yesterday since income/losses from partnership and s-corp returns passthrough to individuals.