The two homes are identical for all intents & purposes - 3/2 brick ranches, 1100 square feet.We rehabbed house #2 (subject property) identically to house #1 (february sale of 111k).

If the expenses are identical, the percentages are different.I bought two houses this year, both pay $1,200 rent per month.

So many folks are upgrading to high-efficiency at their residences these days due to the available tax credits, that lots of quality used HVAC equipment would seem to be out there.I recently was considering upgrading my heat pump and asked the HVAC contractor what they do with older stuff that still has quite a bit of life, and he said they sold them for a small amount to a good-sized rental property firm in our area.

It is not uncommon in shops to have several pieces of equipment that might require 220v single phase.

Were talking 100,000in equipment.

Comes to find out her daughter never started college and the daughter had stayed there for 3 weeks before I caught them.They said the daughter had identity theft so the daughter had no place to stay and again trying to be a nice person I only charged them extra $25 a month and we agreed when the lease expired on 3/7/2017; the mom's lease is over and they have to leave.Now, less than 7 weeks to go; they claimed I have to find them housing to relocate them or letting them stay until I found a buyer.I am newly RE agent; I really don't want to do anything to risk losing my license BP community please help!! 

Am I crazy or are they almost identical?

Tools , I dont leave on the job . ( I have insurance for my tools and equip) 

Except as provided in §1.162-3 (relating to materials and supplies) and in §1.263(a)-1(f) (providing a de minimis safe harbor election), a taxpayer must capitalize amounts paid to acquire or produce a unit of real or personal property (as determined under §1.263(a)-3(e)), including leasehold improvements, land and land improvements, buildings, machinery and equipment, and furniture and fixtures.

Cost associated with subcontractors (a general contractor subcontract the asphalt and earthwork job, and they charge 10% of the subcontractor price), plus compaction equipment and personnel, overhead and profit of the general contractor, insurances, etc.I would recommend taking in consideration adding costs such as permitting, storm water pollution prevention plan (fees, silt fence, straw bales, and such things), Engineering Services, any City or County fees for the projects, inspection and material testing costs?