Hi, investors - I've been a BP member for a long time - have planned for years to create an Improve and sell practice. My goal - buy properties and improve them for resale. We're based in Boulder, Colorado. The thi...
I read somewhere (couldn't find it again, for reference) that if I replace an item, such as an AC, in one unit of a fourplex, I can capture 100% depreciation in that tax year. The logic being that I replaced only 25%...
My tenant is requesting central air be installed this summer. We agreed to check into installing central air this spring when the sign the lease last fall, with the knowledge that the rent would increase if we did in...
What is the depreciable life for a HVAC unit within a commercial building? Is it considered equipment depreciated for 7 years or qualified improvement property depreciated at 15 years? I'm not seeing a clear answer un...
Hi everyone, I have two units in San Jose CA which I just started to rent out as STR and MTR. They are older properties and do not have an AC. Even though it is not super hot all the time in the summer, it will have a...
Hello, my current home is a 2 unit, that was converted in to a 1 unit. I am planning on moving out soon and I was considering converting it back to a 2 unit (it should cash flow at a much better rate). If we had to ...
I am a US Air Force and Massachusetts Air National Guard veteran with 20-years of experience as a military Civil Engineer. In previous roles, I was responsible for the asset management, capital improvement, repair, an...
In my area I find a lot of 6-flats/6-plexes that do not have central air, despite the fact that it is a feature which is highly attractive for prospective tenants.
When I try to search the web, including BP, it seems ...
Have tenants who claim they have breathing problems and requested the air ducts to be cleaned. I looked it up and there is no scientific evidence that cleaning air ducts improves air quality according to the EPA.Air d...
Investment Info:
Single-family residence buy & hold investment in Columbus.
Purchase price: $83,000
Cash invested: $51,000
Rehabbed the interior of a 3 bedroom and 1.5 bathroom single family. Lo...