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Hi everyone,So I'm in the middle of purchasing my first multi-family house and just had an inspection done this week. There was one big issue that came up during the inspection. The egress (emergency fire exit) for bo...
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I found a property that will require a complete demolition of the property, in the city limits of Houston, and want to know if anyone can tell me how much something like this might run, as well as the length of permit...
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Hello,I'm looking at some properties in Houston, Dallas, and San Antonio that are not worth renovating but the land is valuable. Does anyone have any rough estimates of what it would cost to have a company demo a SFH ...
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HiWe need some advice on this strange situation. A friend owns a good cash flowing low income Multi family property in TX. This MFH property is 50+ years old and the City wants to enforce recent building codes on thi...
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Hello, I'm looking for a recommendation on a title company in Toledo, I am in discussions on a mobile home park in the city limits and I expect that if we come to an appropriate number for purchasing the place I'll be...
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I have come across a single family home in Bacliff that is due for demolition. The home does need work and I had a contractor tell me it would be 25-30,000 to get it to like new resell condition. I found this deal thr...
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Hey folks,Unfortunately I'm having to demo a detached 2-car garage at one of my properties as it's beyond repair and needs to come down before the winter. I have a contractor that I like a lot, have used a lot and tru...
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Hello,I am doing a lot of demolition on my own and I will have piles of junk that I would need to rid off. What is the efficient and most cost effective way of getting rid off this junk? Just to give you an idea, I am...
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Investment Info:
Single-family residence fix & flip investment in Knoxville.
Purchase price: $40,000
Cash invested: $12,000
A single family home had significant fire damage from 2017. We bought...
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My Question:I would like to know if the cost of total demolition of a mobile home and removal of debris ($11,000) is deductible in 2022 on Schedule E?
We purchased a property that was adjacent to our triplex property...