Posted 8/2/2020 04:28 (#8409993 - in reply to #8409458) Subject: RE: Remodel or Build new
NC Iowa Thompson
I build new ,even as I say that I am remodeling a house that we are moving into town with, . For us we turned it into rental for a few years , all rent went back into house , new windows , then flooring ,then expanded kitchen ,redid guest bath , 5 years later the master bath, , and lastly new kitchen cupboard, , except for this years I have pretty much done most of the work, between renters, I was lucky , good first renters then I turned it in to a rent by day furnished, contractors, windmill people , high line contractors ect, got good rent and no damage. For me tax wise, so far the house has been completely deducted.
As far as remodeling ,just remember it takes 3-4 times longer as first you have to take out old ,Rebuild what you want , wait for electrical, then the plumbing, Then you or carpenter, and unless You are just updating trying to fit new ideas in old plan is extremely hard ,not to say a marriage. . If it would not been for the location of our house in town , save your marriage and try to build new ,