​Accelerated Depreciation for Business Tax Savings
Section 179 of the IRS Code was enacted to help small businesses by allowing them to take a depreciation deduction for certain assets (capital expenditures) in one year, rather than depreciating them over a longer period (useful life).     

All landlords must keep their properties maintained and repaired!
​
Some of the most common maintenance mistakes are:

• Not doing any maintenance - this is probably the single most commonplace mistake made by novice property owners ‘ignoring anything that isn’t broken.’  If you do not want to deal with maintenance issues personally, hire a handyman!  The cost of regular preventative maintenance undercuts the cost of occasionally replacing an entire appliance.

Dear Friend,
This is a message for those suffering from a rare February 2021 slow-moving storm of snow, ice, bitterly cold temperatures, and widespread blackouts.  As of the past few days the populous is suffering from frozen and burst water pipes, in addition to the dire lack of food and fresh water.
The above describes every county in the Lone Star State which is under a state of emergency.
If you are suffering losses, and need funding to reset your life, get your copy of:

SBA DISASTER LOANS​

FYI:  most people are unaware that the U.S. Government through the Small Business Administration (SBA) provides disaster loans that give business owners, homeowners, and renters affordable financing for disaster recovery.
 
NOW, for your convenience a condensed book containing the facts that you need to know, on how to qualify and receive an SBA Disaster Loan.  The facts are presented to you in an easy-to-follow format.  Included are:

• SBA Disaster Loan Eligibility.
• SBA Disaster Loan Terms.
• SBA Disaster Loan Interest Rates.
• Is a Disaster Loan Right for You?
• How to Apply for An SBA Disaster Loan.
• The SBA Loan Process.
• AND MUCH, MUCH MORE!

Get your copy now!
 
Stay Safe
 
Pierre Mouchette
Real Property Experts LLC

Investors, it might be a good idea to investigate a home warranty program that covers major appliances and services.  Many tenants leave much to be desired when it comes to taking care of somebody else’s property, and you could find yourself with significant expenses down the line.

​The first ‘filter’ to decide if a small asset multifamily is worth pursuing.  It takes into consideration location; number of units; income generated; operating expenses and the loan debt service.

Guaranteed Replacement - obtain a property insurance policy that has “guaranteed replacement,” to ensure that you can rebuild your house if anything happens.  Some insurance companies do not offer this but might offer something similar like “Cost +20% increase” which would cover a 20% increase in building materials and labor.

​For spring cleaning, resist the urge to fling open your windows.  You will be inviting not only pollen inside, but also moisture from outside air in humid areas of the country.  When warm, damp air hits cool surfaces in your house, the water in it condenses, which leads to mold growth on furniture, HVAC grilles and drywall.  Use a monitor to measure indoor humidity and aim for a reading between 35% and 50%.  If it reaches 60%, you have an issue so call your HVAC professional for advice.

​A landlord is a ‘person or organization’ that leases real estate they own to another ‘individual or organization’ in exchange for rent.  Landlords and renters can be individuals, businesses, or other organizations.

Forms of Ownership for Residential Real Estate Investors
​Owning any type of investment real estate in your own name (joint ownership, joint tenancy, or community property) is a big mistake!  This is one of the biggest mistakes that the new investor can make, and hopefully after reading this ARTICLE they correct that mistake.

​Residential real estate can be the most effective investment that anyone can make.  Using leverage, you can enhance your investment.