The best place to start is with a spreadsheet that has every every cost itemized. 

I'm wondering how much specifics I need to include for each line item. 

By making partial dispositions, you can also avoid subsequent recapture on these items when you go to sell.

It is not your responsibility to house this person's items indefinitely in your rental. 

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

I removed the chimney entirely and installed a full HVAC system, making it the only house on the block with modern heating and cooling.

Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.

One your loans will be a higher interest rate, next you will have annual filings, the cost of a registered agent every year, and items like that. 

On June 7th, we sent an itemized list of deductions via text; he responded on June 8th, disagreeing and threatening legal action.

-Why not include a contingency line item in your construction loan rather than raise the contingency funds from your equity partners?