On top of that I had the city coming after me for fines due to the condition of the place   This was a drug infested area of town.  

Multi-treatment where necessary on the concrete slab, as well as in the master bathroom, which was a bird catch.

city / state reversed the law that made all drugs legal that was a bone head move .. and they finally figured that one out.. the next one they need to reverse is that any theft under 900.00 basically is just a ticket and not enforced thats also led to the rampant theft that has closed down numerous business's . 

Hi Alex,You're right that what you do with the sale profits (like paying off another loan) doesn’t impact your capital gains tax treatment.

A drug conviction can’t be denied unless it’s selling because using can be an addiction and that can be seen as an illness which is protected.

Class D   Bars on every corner  , houses with bars on windows  , cars on blocks and stripped ,  drug dealers on the corner , drug addicts  sleeping on the sidewalk , tents on the sidewalk , gunshots , ladies of the evening ( and day ) , abandoned  houses  , graphity on buildings .   

Lesson learned don't go in business with an x drug addict.

As long as your intentions to hold onto the property for investment use are met, It would qualify for 1031 treatment.

My quintessential mountain cabin will include comfortable leather furnishings, wood for the fireplace, big coffee mugs, plaid window treatments and/or bedding, extra blankets, and taxidermy hangings.  

The family we guaranteed rent to on their existing home, giving them the flexibility to buy with a partner builder and move out of state to be closer to the best treatment facilities when faced with a difficult diagnosis.10.