I estimated the repair cost:
bathroom: $3,000
Washer/dryer: $1,000
Frig: $500
Dishwasher: $400
Range: %500
Countertop and Cabinets under: $10,000.
Flooring: $4,000
So it is close to $20,000.
All those items above can be depreciated as well (chattel depreciation). The IRS has guidelines on how you can depreciate it, but it could give you around $6000 in taxes back…
