Would you be interested if someone told you that you could save money on the prices of gas? Aside from the obvious downfall being that any unattended to repair issue usually will in time become worse and more costly to repair, there are many worse scenarios that frequently occur for landlords who’s maintenance attention skills leave something to be desired.
The Landlord’s position should be that the Tenant is free to remove the following items from the premises only at the time of its move-out and thereafter: stack dryers; washer extractors; washing machines; water heaters; folding tables, vending and coin changing machines and chairs.
Lean initiatives can and should piggyback on these Continuous Improvement teams and similarly, Continuous Improvement or Six Sigma teams should use their Lean Future State Implementation Plan to determine the projects they will work on. These Future State plans are developed for bottom line Value Stream improvement and are both a road map and baseline measure of return for Lean implementation.
Of course, painting you home or installing that beautiful paver driveway will probably not be covered by any government funding, but if you need a new roof, water heater, air conditioner, new windows or doors, or even appliances, then you probably will be able to get a tax credit, resulting in more money in your pocket.
Without any consideration for depreciation deductions at all, the investor’s tax obligation at the time of sale would compute merely as selling price less purchase price (900,000 – 800,000), or $100,000 taxed at the capital gains rate (100,000 x.20), or $20,000.