My goal in my market is to destroy you, creating a one-world monopoly where I own all the best properties and have a line of individuals humbling begging for tenancy 🤣 ; barring that outcome, the next best one is one where I still stand above the competition because I have better properties, better rates relative to those properties and better service than other landlords.

A demolition is a disposition for zero dollars of consideration, and I am comfortable with the position that if a dwelling unit is demolished or destroyed, and the subjacent land is sold thereafter within the time confines of Sec 121, the land qualifies for the Sec 121 exclusion as long as the prior dwelling unit would have met the ownership and use requirements under Sec 121 notwithstanding the demolition or destruction. 

Totally destroyed by a tenant that was there for 17 years with the previous owner.

Nicest homes but alot of homes were destroyed and some are just lots.

Let them know there was a fire, the kitchen is destroyed and they will most likely "red tag/condemn" the unit.

All mechanicals were destroyed and I didn't have flood insurance as it was not in a flood zone.

All the Real Estate numbers aside, it is the time to Sell at these Tax rates before the new Administration destroys us with thousands of bad rules and fees and higher Taxes.

They range from the tenant looking his marbles completely and putting a bullet through his brain, destroying his credit and his chances at getting Section 8 by refusing to move and going through an eviction, disappearing in the night and leaving all of his stuff in place including the 60 pounds of readymix Quikcrete he put down down the basement clearout as a parting gift.Anything that allows a tenant to divorce himself from unpleasant realities that will eventually come back to haunt them is not a good thing.

Thankfully, we never had massive parties or guests who destroyed our house.

You may be surprised how fast your improvements are actually destroyed by tenants, so don't go overboard fixing things based on your personal taste.