Capital Improvement
A capital improvement refers to a long-lasting upgrade, adaptation, or enhancement made to a property that significantly enhances its value. Unfortunately, many capital improvements are prompted by the deterioration of the property's facade, windows, and roof. It is crucial to grasp the tax implications distinguishing capital improvements from repairs.
Our team has extensive experience handling a wide range of property-related projects. These include facade repairs and replacements, dry rot repairs, roofing repairs and replacements, window replacements, deck repairs, site concrete repairs, retaining wall replacements, and various other property maintenance tasks. We possess the necessary expertise to determine if permits are required and whether architectural or engineering involvement is necessary.
Furthermore, we excel at coordinating disruptions to your residents and maintaining clear and proactive communication with your property manager. Having a background in the multi-family apartment sector, we understand the paramount importance of effective communication. We prioritize open and transparent communication throughout the entire process, ensuring that all stakeholders are kept informed and involved.