This is also tax deductible.

If it was built after June 15, 1976, it is a manufactured home and is built to the construction standards that HUD, Housing and Urban Development, set at that time.

In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.

Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee

.💡 Tax AdvantagesThis is where my tax brain gets excited!

Hi @Akshay Kumar, it's never a nice surprise to see your property left in a rough condition after a tenant moves out and on top of it damages the yard.

At year end you’ll get a summary and a tax form.

Quote from @Laura Higgs: The Roi combined for 3 duplexes after repair will have an ROI of 4.47.

.💬 Ask in the right forum – If you’re looking for financial advice, head over to the Finance, Tax, and Legal forum.

.; and capital to pay for options, marketing, legal counsel, accounting, tax advise, etc.