Reach a reasonable compromised, you're the one spending $$ to improve his living situation, correct? 

I did use bonus depreciation for the cost of furniture, but I lumped the property improvements (mainly new hvac, water heater, windows) in with the building and depreciated all of it under the standard 27.5 years period, since I didn't "need" additional depreciation benefits for 2019.

The outcome was we got every cent my wife and I invested, and we made a few thousand over, as well as fixed up a nice house to improve the value in a nice neighborhood.

The outcome was we got every cent my wife and I invested, and we made a few thousand over, as well as fixed up a nice house to improve the value in a nice neighborhood.

The best results we have had have been with weekly (yes, WEEKLY) treatments of the following: Advion roach gel baitRaid Concentrated Roach FoggerAdvion Bait stations (these last much longer than a week, so no need to replace)It takes about 5-10 weeks before we see a significant improvement, depending on how bad the infestation is.

Neighborhoods are constantly improving which is increasing values even with the whole COVID crisis going on.

Keep researching and improving. 

For STNL (pharmacies, grocery stores, home improvement stores, Costco, Wal-mart, auto stores, national to strong regional corporate gas station brands, dollar stores, some national corporate credit QSR's, Davita Dialysis & Fresnuis) still have lenders bullish with 30 to 35% down and some have interest rates in the 3's.

@Heather LewisNo change to passive losses rules.No change to depreciation, either, except one technical correction for "qualified improvement property."

Not all appraisers are familiar with self storage, though.If you're thinking expansion or improvement of the property, some lenders, notable SBA lenders, will get an "as complete" appraisal and lend against that, or cost, whichever is lower.