This deduction currently identifies as dead.Now, if you had an operating business, say a factory, in one state and decided to relocate it to another state, moving costs would be deductible.Your situation is in the gray area.

So, while taking into consideration the age and condition of the damaged item at move in and the time the tenant was renting for is a factor, I personally don't think using a strict IRA depreciation schedule makes sense.

I'm intrigued by Sherman and Denison because of the growth in the area, mostly assured by the semiconductor chip factories being built there.

If I wanted that I would have just worked in a factory. 

Hi @Mohammad Islam The best way to find mentors in your area is to attend local meetups.

Could you please advise if there are any alternatives or if Islamic financing options are available in the U.S. for this type of investment?

One influencing factor is city planning and transportation.

To me, the first and most important factor is the size and shape of the parcel in question.

Takes a while to replace factories.

Hassle and anxiety factor is too great.