Real property consists of land, buildings or other inherently permanent structures.Examples of Personal Property (contained in or attached to a structure/building)Interior LandscapingNeon or Other SignsDisplay Racks, Shelves or CabinetsWall CoveringsWindow TreatmentsCertain Air-conditioning EquipmentDecorative and Specific Business Activity Light FixturesCarpetingDecorative Trim & MillworkMachinery, Generators & Kitchen EquipmentAccordion Doors and PartitionsExamples of Real PropertyLand (non-depreciable)Buildings (27.5 or 39 year depreciation)Exterior Landscaping (15 year depreciation)Paved Parking Areas (15 year depreciation)Swimming Pools (15 year depreciation)Fences (15 year depreciation)Bridges (15 year depreciation)Side-walks (15 year depreciation)Docks (15 year depreciation)After the tax reform, the structural value of a building is depreciated over 27.5 to 39 years and the tangible portion of a building is allowed to be expensed immediately in the year the assets were placed into service by the business.

That is enough water to fill a decent size swimming pool. 

Also, it is not just the jobs the tenant pool has today.

(weird you aren’t being billed monthly) times 200 gallons would be 18,000 gallons, about the same as a swimming pool.

I took for granted that it would be a mostly passive position - and now the pressures are mounting.The HOA is managed by a property manager (10+ years now) who recently failed to secure a loan (missed a deadline) that would have (1) paid off substantial outstanding fees to a vendor, and (2) helped fund a number of moderately important and urgent community projects (pool maintenance, and pine-straw).- Ok so just use some reserves?

My holding cost (mortgage, utilities, pool service, lawn) was about $1500/month, so $2500 gave me plenty of cash flow. 

Sunny

http://www.housingforhouston.c...Sunny

Does a pool increase the value of the property?

Very aware of tenant pool risks, income and employment factors in Milwaukee from my research and your market updates on YouTube.