Yes, just when you thought your favorite condiment couldn't get any better, I present to you 9 unusual uses for mustard that go beyond sandwich-making. But first, a little mustard history! Way back when, the Romans were first introduced to mustard seeds by the Egyptians.
Therefore, the basis in the building is $850,000 (85% x $1 million). A cost segregation study identifies the portions of the building that qualify as personal property and land improvements for depreciation purposes (but are still like kind for 1031 purposes).
1. Local building permit costs & lay of property: Depending on what municipality/region you build in, pricing for building & development costs can range from as low as $10,000 to $30,000.For example, on a 1,800 square foot home, this translates to a difference of $11.00 per square foot.Building a house on a low-grade property most likely requires extra work in regards to raising the grade and bringing in extra loads of fill. This obviously increases the price.. Local building permit costs & lay of property: Depending on what municipality/region you build in, pricing for building & development costs can range from as low as $10,000 to $30,000.