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...

So I have found a multi-family property in Southwest Ohio that is in a fantastic location and is a complete gut. In fact, the building is condemned. The owner has had the building for 30+ years and knows the value of ...

Building permit lists are public records that document permits issued by local government authorities for construction, renovation, or demolition projects. These lists include details like the type of permit, property...

I took my first step and bought a SFR in Indy from a wholesaler. It only needed minor rehab and would then rent for $800. Things were going very fast and smooth and I was excited. However; after only 10 days of owning...

Hello BP,During one of my direct mail campaigns( I am a wholesaler) I came across a property that I need some serious advice on. Normally I'm ok ( def not an expert) on determining repair costs and ARV but this one ha...

Hello, Bigger Pockets Community!I am working on a mock real estate development project submission, and I am looking for some general rules of thumb on how best to estimate the following:1.  Demolition, site preparatio...

Dealing with a private investor and they want a detailed rehab plan before making a proof of funds letter available....So, what is included in your rehab plans? Anyone care to share one? I asked them to clarify what...

I’ve done two rehabs and am considering doing a new construction single family home in the spring. My rehabs were both pretty touch. One should’ve been a tear down as we had to rebuild the foundation and replace most ...

Would you, as an Investor, purchase or be interested in a vacant home that has been almost completely stripped inside, or that is a near (or complete) tear down?That is, of course, if the numbers worked. Also, to foll...