So, vacations, home improvements, etc. until they put the fish back in my barrel. 

If you can't improve cash flow through refinancing or rent increases, selling and reallocating the $40,000 equity into a better investment might be wiser.

I’ve written letters on behalf of clients in similar positions to yours reserving the right to request the improvements be removed in the future.

Thank You  Hey Romie, Yes it exists but you need to show you improved the property.

Hi - I'm excited to join BP to learn more about investment opportunities, trends in how to increase income on existing investment, and green / ESG improvements.

By creating an environment of trust, cohesion, and continuous improvement, they ensure their team remains resilient and motivated, driving long-term success.Keep growing!

I think this is a solid move overall by the city to help weed out the bad hosts and improve guest safety.

I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over time, as each joint tenant passed away, leaving 1 sole tenant who gained full ownership by rights of survivorship.I've gotten differing opinions from different professionals and am trying to understand the calculation of the basis and the final capital gains  tax that would be due myself so I can spot bad advice and understand deals.Assumptions:A condominiumNo depreciation has ever been taken by any owner.No 1031 exchange.No expenses or improvements.

Down payment of $75k and improvements/furniture of around $40k.Would love to hear your guys thoughts on this!

[Sale Price - (Original Purchase Price + Improvements) = Gain] In order to benefit from the $250k exemption, must be primary residence, lived in 2 out of the last 5 years, can use this once every 2 years.Looks like there's no capital gains Tax in Washington.