Based on my experience, it’s often not worth the time and expense because appeals frequently lead to no change in the tax assessment.

I think there needs to be a change in leadership and a pro-development or up-zoning attitude.

Large basement and attic space, new roof and some of the kitchen is already torn out from the current owner. one bedroom does have a closet that will need built. plumbing seems fine, maybe a couple angle stops to change.

(So please thank them and also support them 💰💸💵 because their vote was not popular… but it was right)It’s not the end of the world but it will fundamentally change how you run your real estate housing business.✅ First and foremost, holdover evictions will be illegal.

Keep in mind, though, if you just sell outright, you could be looking at capital gains and depreciation recapture, so it’s worth crunching the numbers with a proper tax professional (I’m not one, by the way).What do you think the rest of the community has seen happen to property values since last year, and do you believe it changes the 1031 conversation?

I've done it twice in Reno, NV and it's changed my life. 

You drop them off to the court clerk, pay the court fees, and in about 4 - 6 weeks, the sheriff calls you and says, "Today's the day to change the locks."

Moreover, local governments may offer new incentives to developers to keep interest alive during this pause, such as tax abatements or infrastructure investments.ConclusionWhile the BlueOval City delay has caused uncertainty, it hasn’t changed the long-term outlook for the region’s real estate.

I had moved away from flipping for several years, but my life circumstances have changed and, fortunately, real estate provides endless opportunities to pivot when needed.

I like how some people have said change the word “mentor” with “friend”.