Dtee
Level 2

Investors & landlords

This has been super helpful @Carl ! I totally understand what you’re saying.

 

In essence, the structure cost will be the cost of my ADU. Your “cost” is $50k(?). I think you said $60k in your previous post but I think you meant $50k?

 

For the land, since your ADU added additional 1000 sq ft to your house, it’s 33% of your total sq ft, therefore, it’s $10k from your original $30k. So your “Cost of land” is $30k.

 

im assuming when you entered this ADU as a rental, it’s a single family unit and not a multi family.