4 January 2023 | 0 replies
    
    
        What would the IRS consider improvements that must be depreciated? 
    
  
      16 March 2014 | 13 replies
    
    
        In terms of improving targeting, I have heard that you can purchase something akin to a title search here in Ontario through MPAC (or maybe your local municipality) that at least gives you the names of current owners but each search costs about $8 so you don't want to do many of those!
    
  
       6 December 2022 | 5 replies
    
    
        A CPA would know whether or not you could take bonus depreciation on the capitalized improvements, but since you already know what the cost was, there is no need for a cost segregation.
    
  
       6 April 2021 | 0 replies
    
    
        This is due to bonus depreciation which allows taxpayers to deduct 100% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.
    
  
       5 December 2022 | 1 reply
    
    
        Almost all of my owners have complied, and it has improved the maintenance request area and vendor relationships consistently.
    
  
       5 May 2021 | 12 replies
    
    
        have any improvements been made?
    
  
       7 December 2022 | 3 replies
    
    
        We might see a little improvement in Greenfield with the Amazon warehouse extension!  
    
  
      22 November 2022 | 10 replies
    
    
        Management involves some rough conversations, but after having had dozens of them I can tell you that your relationship with these folks won't be worse, and it might actually improve. 
    
  
       8 December 2022 | 1 reply
    
    
        Understanding the market - bought it under valued - came in with additional capital to improve units that desperately needed updating.
    
  
      27 April 2016 | 15 replies
    
    
        We have purchased moderate fixers and lived in them while improving, so we earned tax-free gains by holding those.