Rating Newest Oldest. Best Answer: The lowest price I've found in Southern California is $125.00 per square foot which is extremely reasonable. Most builders charge more than that. That price is for a 2000 square foot ranch style home with three bathrooms, and a three car garage.est Answer: The lowest price I've found in Southern California is $125.00 per square foot which is extremely reasonable.
Normally, the patching, painting, and floor work are repairs and the other expenses are permanent improvements. However, because the work gives your property a new use, the entire remodeling job is a permanent improvement and its cost is added to the basis of your property.
RENTAL POPERTY ASSETS, MAINTENANCE/CLEANING/REPAIRS DEFINED. Property Improvement. Property improvements are expenses you incur that add value to the property. Expenses for this are entered in the Assets/Depreciation section and depreciated over time. To be classified as a property improvement, two criteria must be met: 1) The improvement must become a material part of the property.