I bought a property this year that I was planning to hold for 3-5 years, but after improving it, I may sell earlier than anticipated.

Capital goods/improvements like appliances, mechanical, flooring, a roof, siding , driveway, etc will have their own schedules as mentioned, but the building depreciation is straight line and easy.  

I’m fired up to get into REI but want to improve my debt to credit ratio and have a bigger down payment when the time is right.If I weren’t in lockdown, I’d have two jobs and hustle as I have always done -my 9-5 then evening job in hospitality.

Hillsboro OR adopts development code requiring 3/4 street improvements or 20 year warranty of existing street/sidewalks on development.

I haven't done any investing in Concord, but it appears to be on the upswing in the last few years and the city seems to have invested in some nice improvements to the downtown area.

Common projects are large multifamily apartment complexes focused on a value-add strategy to reduce risk, taking Class B products and improving them to Class B+ or A equivalent.

There are some things you can potentialyl break out so make sure you have separate costs for materials/labor for:Land improvements, paint, flooring, appliances, blinds- there are few other more specific as wellA good REI Tax Strategist can help ensure you get the most benefit from your renovation

You could take it to the next level and assign a value to the land improvements and buildings as well. 

The numbers improve if you only keep 5 acres with the house and sell the other 15 acres for an added $900,000.

Additionally, local legislation has been restrictive in the past (although it is improving in some areas!)