items without specific classes irs says 7 years  https://ttlc.intuit.com/questions/4349816-for-a-rental-property-kitchen-modernization-should-kitchen-cabinets-and-built-in-appliances-be-depreciated-at-the-same-ratecabinets etc built ins etc

They will bring you deals and solutions if they know you'll take action.

Thank You.Easiest solution: Go open a few secured credit cards, use it just enough keep balance at max 15% of limit, pay it off in full every month when bill comes, wait a few months.

I know this is preached on podcasts, but it is the wrong solution.

I would not get involved in properties this old without making a major effort to become aware of their typical strengths and limitations versus more modern properties.

If you know his why there’s almost always a solution?

I have started fixing up minor things and painting interior to make everything look more modern.

If you all would be so kind, I need some advice on a property we like.The house detailsMarket: Boston West / Worcester Area, great schools, close to quaint downtown, 15% rentals in town, 57% with college degree, AGI of $90k, population growth of 3.2% in last 7 years, unemployment rate of 4%.Property: Large old farmhouse that has been split into 2 two-bedroom units and those units have been modernized.

@Adrian Laney1) Buy a receipt book for 5.992) write up a paid receipt for each person3) create a 1099 for each receipt, mail it to them, keep a copy.This is your best solution..besides learning how to actually run a real business...

Look for markets with growing populations and jobs in diverse, modern industries.