Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.

I had a unique perspective of how these two industries working together.While performing an inspection on a house, I got to chat with the seller and found he was a commercial construction superintendent for a large local company.

We verify project feasibility and construction scope; and use 3rd party valuations and internal data to verify the as-is and subject to value.

I'm very familiar with home design, construction, and navigating zoning and building permitting challenges (if that helps!).

That’s when I transitioned to multifamily properties—where owning multiple units under one roof maximized cash flow and long-term returns.To support my growing portfolio of fix-and-flips, wholesale deals, and rentals, I started a construction company.

Coming up with the money for tuition was hard as my business (construction) was not doing great at the time.My whole life changed when I went for it. 

We’ve started talking about the potential for collaboration, particularly to reduce construction costs by building simultaneously.

Although I know most sec 8 landlords use it because of the perception of guaranteed rents.As a small home builder I really dont know how they are going to lower the cost of new construction housing unless the govmit subsidizes it somehow.. basically the price of home components are very sticky they only go up. with the xception of lumber that will go  up and down through out the year..

Be mindful of the harsh winters and short construction seasons, which can affect project timing.

If so, you should also look into the insurance requirements during construction (both builder risk as well as the GC's policy, but particularly the GC policy).