We completely remodeled the kitchen and bathrooms.

Can't decide which is better so I'd love to connect with anyone who has used one or both of these tools to figure out what they liked/disliked etc.Those two platforms are completely different from each other.I haven't used any of those two, however, I was a developmental controller at one point in my life and the construction team was using Procore as they were targeting large projects such as 100+ units groundup development.I believe BuilderTrend is made for remodelers and home builders.Right now, I am partnered up with someone to do construction and I am just handling all the financial side of things, currently using Monday and QBO to make it work.

We put $165,000 into the remodel and conversion to a commercial property.

Cost segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.When a property is purchased, not only does it include a building structure, but it also includes all of its interior and exterior components.

Purchase price: $179,000 Cash invested: $15,000 Lived in the property for 1 year.Knocked down living room wall, replaced Hvac, floors and gutted and remodeled the kitchen, attic insulation, converted the living room and the dining area into rooms.

The nature of the remodel would make it somewhat hard to inspect if it was done right without being removed.

Because there was so much remodeling done, everything inspected well and should last many years.

I remodeled and added a bedroom to the original house, and then built the second house after.  

I intend on doing a cosmetic remodel prior to selling down the road but it's not ready for that.

Once it’s paid off or remodeled, it could become a fantastic rental property or your forever home, as you mentioned.