Principle, interest, taxes, insurance = PITIExample $1900 PITI and divide by rent $2400$2400/$1900 =1.263 this works, but the higher rent or lower PITI or both makes it work.

Renovations are normally divided up into different projects and each project has its own invoice.

Governors Christopher Waller and Stephen Miran dissented, favoring an additional 25bp cut, underscoring that the committee remains divided on the appropriate degree of restraint.

You apply that rate by using it in reverse (dividing). - So, $250k/2.1 = $119,048  would be your new assessed value even though your property is actually worth $250k today. 8.

The millage is calculated using the budget divided by the tax base (total of all assessed values) then that is used to calculate each property's tax.

Text/call regularly depending on the nature of the work: roughly, take the full timeline, divide by 20, and start following up that often.

As a CPA, why would you not also recommend she divide up the component costs of the renovation(ie cost of cabinets, floors, etc) into separate depreciable components, getting 80-90% of the benefit of a renovation cost seg without the cost?

This is a patchwork of taxlots clustered together in a rural community, divide by a public road and interspersed with a taxlot and house not owned by us and another taxlot with a house owned by us- yet the state considers us a mobile home community so we're subject to that  additional regulation (yay!). 

Lenders control their compensation as well but they generally have managers and large teams they have to pay out so they want more money in fees / a bigger pie to divide up amongst all of the people who are on the team as well as pay their fixed costs such as office rent and big advertising campaigns.

Cause then you just need an estimate of how many sheets a house needs, and you get that number by dividing the number of sheets by the square footage to get a rough estimate and now when you look at a house that is 1800 square feet you'll know how much floors are per square foot, the sheetrock, the paint, the demo.