Repair Audits Are Smart

Now is the time to develop some good habits. These are routines that can make apartments in San Diego more profitable for the property owner. One procedure on the new year’s bucket list must be a routine repair audit of all the properties. This act will do more than keep the living spaces habitable.



Tax Deductions Are Possible

It is never too early to think about next year’s taxes. Repair work done on rentals is deductible if the repair is ordinary, necessary, and reasonable.

Landlords in San Diego must remember that repair expenses are deductible, but home improvements are not. That is also true for replacements. For example, fixing a broken shingle or patching the roof is a repair and replacing the entire roof is not. A landlord must be careful about what expenses can be declared.

Profitable Audits

Air conditioning in San Diego gets expensive in the summer. A property owner can pass the cost onto a tenant, but that makes the apartment more expensive. An energy audit can determine if the HVAC system is functioning as it should. There are programs to help defray the costs of installing better units, and five-star appliances can dramatically cut energy costs. The result is a less expensive and more appealing rental.

Happy Tenants

The repair audits will correct damage, and tenants appreciate the effort. The inspections let renters know that the landlord cares about them and the living conditions. These audits can convince an excellent tenant to renew the lease, and that is always desirable.

The Possible Downside

Audits provide information, but there is a lot of necessary records keeping. The Internal Revenue Service will not take a landlord’s word for it on repair deductions; they want proof! Any apartment inspection must be coordinated with the tenants, and a record of the inspection created. Repair work must be done by professional and reliable contractors. All of this takes time and effort, and the efficient idea can quickly become a major headache.

Landlords in San Diego have a lot on their plate. There might not be time to conduct a satisfactory inspection. Property management companies in San Diego are familiar with repair inspections and what to do. Alta Vista Properties can do the job and get it right the first time.

Professional and Efficient

We are a property management company in San Diego that takes pride in offering good service and results to all our clients. We understand the value of repair audits, and we coordinate inspections carefully with all the tenants.

Paperwork is a part of the process, and we are exceptionally good at that chore. Alta Vista Properties will do the records keeping needed. We can create the reports required to show the Internal Revenue Service that repair work, and not improvements, were performed.

We have established rapport with some of the best repair contractors in San Diego. Our clients will be given excellent service and contractors will do the repair work quickly and professionally. What is more, those contractors will not add frivolous expenses to the bill, and the invoices will show honest figures. We expect that from all our contractors.

Taking care of repairs is one of the services we offer. We can also do marketing for a client, handle the leases’ daily administration, deal with tenant problems, and furnish the financial records needed for tax reports and loan applications. We will maintain the profitability of all apartments placed in our care. We encourage prospective clients to check our references, the Better Business Bureau, and ask around about Alta Vista properties. Inspecting our background is never a problem for us.

Please do inquire at any time about our property management services. We can be reached at 858-274-3600 or by email at info@altavistaproperties.net. We look forward to hearing from you and answering your questions.