Manufactured housing communities offer a unique advantage when it comes to depreciation compared to traditional multifamily properties.
While owners of multifamily properties can benefit from depreciation on the building itself, owners of manufactured housing communities can take advantage of depreciation on the infrastructure.
This difference in depreciation can have significant financial benefits for owners of manufactured housing communities.
One key advantage of depreciation on infrastructure in manufactured housing communities is the accelerated timeline for depreciation.
While multifamily properties typically have a depreciation schedule of 25 years, manufactured housing communities can depreciate the infrastructure in just 15 years.
This means that owners of manufactured housing communities can take advantage of depreciation benefits more quickly, allowing them to reduce their taxable income and potentially save on taxes.
In this episode of "Tech Equity and Money Talk," host Christopher Nelson discusses the importance of exploring new asset classes to diversify your portfolio and increase cash flow.
He shares his personal experience of shifting focus to mobile home parks as a lucrative investment opportunity, highlighting the stable income they can provide.
Tune in to learn how incorporating mobile home parks can enhance your investment strategy and generate consistent cash flow!
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Listen to the full episode here:
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YouTube:
https://youtu.be/3ch38oGE2Ks
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Audio Podcast:
https://www.techequityandmoneytalk.com/mobile-home-park
