INVESTOR CHATTEL EXPERTS

QUESTION #1: WHAT'S A "CHATTEL"?

CHATTEL: [pr: chat-l] - noun - a movable article of personal property; any article of tangible property other than land, buildings, and other things annexed to land.

In other words: for property investors, chattels are certain items in your rental property that are not permanently affixed to the structure; items that are important in regard to the purpose of the dwelling but can still be removed and/or replaced without altering the actual structure of the dwelling itself.

Certain items, or chattels in your rental properties depreciate over time. Things like:

  • Refrigerators
  • Cabinets
  • Dishwashers
  • Clothes Washers
  • Stoves
  • Ovens
  • Up to 55 items in all, unlocking thousands of dollars for you!

QUESTION #2: HOW DO CHATTELS INCREASE MY CASHFLOW?

By having an Investor Chattel Expert perform an official Chattel Appraisal on these items in your rental property, you can legally write off the depreciation of these items as a loss for up to five years. The above list only details a few items. Overall, there may be up to 55 items in your rental property that can help you increase your cashflow.

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