A) Itemized deductions is not only mortgage interest but also real estate taxes, charitable donations, medical expenses, etc.B) mortgage interest and real estate taxes, as it relates to itemized deductions, is only on the personal residence side of a house-hack.Therefore, it needs to be prorated.C) if you buy at the end of the year, your mortgage interest / RE taxes will be small since it will be only 1-2 months worthYou will most likely take the standard deduction for 2022

Would I really rebuild or would I be better off tearing down the property and selling or donating the land?

You can get the same return by donating to charity, but you'll be doing good out there.

Next day you took out the frozen mist and donated it to the neighbors so they could make margaritas with it for their 4th celebration. 

There was a Christian camp we send our kids to and they had this property donated and they wanted to just sell it.

My husband makes me happy not with expensive little shiny rocks, but with donation receipts from donating some of our stuff to charity (Goodwill).

It's a pain to sort through personal effects, categorize, distribute, donate, sell and dispose of all the STUFF.And then there's like other who, although well-meaning, may question any and every little action the PR takes.Your job is to offer to be helpful.

There were about 12 contractor bags full of mannequin heads in addition to a wig dryer, 3 boxes of wigs (donated to a cancer charity), lots of carpet stains and general filth.

I suggest instead of throwing their money away, just donate it to me. 

Most people understand that and want to take care of the less fortunate.Americans are far from compassionate... if we were, we'd all be donating enough to charity that this wouldn't be an issue... the US Government is MANDATING this BECAUSE of our lack of compassion.Americans... and IMO mankind in general... are 1) Selfish... and 2) Greedy.