Lived in the house while my wife and I remodeled it.

We are currently remodeling it.

We are currently remodeling it.

Since getting here we remodeled a manufactured home in La Pine, OR, and sold it right away.  

I’m a realtor and also own a remodeling company here in KC.

Nice neighborhood (here in South Florida), freshly remodeled, looks like she bought it as a flip.She has agreed to my terms- I'll meet her price (as it jives with market price), she's getting $5k down for me, and I'm giving her $1500 a month.

I would have assumed my unit being fully remodeled should be worth at least the comp, I was expectIng more.

My broker and my wife think it's much better to rehab and sell it than rehab and rent, in part because it has a pool.So now we are in the process of buying a house, to remodel and hopefully sell fast enough, and that's when I started wondering about taxes, liability and what not.

@Matthew Paul - spoke to the Wife and she is not comfortable with keeping our house as a rental. she strictly thinks the new tenants will beat it up and leave it in a state where we'd have to sink money into it to fix it up before selling. also, if we hold it for a number of years, she is fearful that it will be "out of date" and we'll need to sink money into it to remodel it as well.i am more of a risk taker than her and do not agree but we have to come to a consensus.we also would likely need the profit of the current home to move into the next home - for a down payment.creative options/ideas?

He may have been jilted by a “bad” contractor in the past and has thus concluded that all contractors have the same traits.I’m now a retired GC with over 40 years in the trenches building and remodeling homes and buildings.