As you do this more often, you'll be able to keep a spreadsheet of per square foot prices for materials and labor to get things done and you'll be able to estimate this yourself.

While I’ve recently joined Intero Real Estate in Fremont, I bring a data-driven, analytical approach to real estate, thanks to my engineering and project management background.Over the years, I’ve lived in various parts of the Bay Area and have developed deep knowledge of local neighborhoods, schools, and market trends.

Some of your quotes from this thread will be used as supporting material in the production.As some of you may have guessed, a lot of information about her has been removed since her case came to light so it's sort of difficult to piece this story togetherIf anyone has any information they'd like to share that would help paint a clearer picture of her actions and the damage she's caused, please reach out to me.

For a lot of things you can just look up material costs and assume the same for labor. 50% material and 50% labor holds roughly true for the entire project, at least for me here in Milwaukee, your labor cost will probably be higher in the Bay Area.100-125k spread would be tight, even for me here in Milwaukee.

This being said, that would justify only a reasonable price increase caused by the cost of materials.

Thank you in advance for anyone that can shed some light on this or point me in the direction of good materials to read!

I am just goal driven and want to give myself something to strive for.

I could see how it could get up to $16K with materials for a service that large.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

Just keep thorough records of your expenses—materials, labor, permits, etc.