We did a couple recent ones that were on market, fixed them up and got them to market after the remodel with a profit.

Pete area  after the recent hurricane and was hoping to get some real, boots-on-the-ground insight.

It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.

I wanted to get your take for the Bristol TN area.Thanks in advanceChris Your biggest issue would be having available options after a claim.

However, before you do so you should ensure that your revenue from rental income covers ALL your property expenses in the townhome, including mortgage, taxes, insurance, maintenance/repairs, vacancy, property management, etc...

Typically, the adjustments I see on appraisals for basements are more flat rate adjustments. 10k is usually the number I've seen.What stinks is that there are a couple of model types that have below grade space where the builder, I'm sure, was trying to lower the taxes by having it below grade so the county wouldn't count that space in the assessment.

BTW behind Texas.When all forms of taxes are calculated (income, property, and sales tax), CA ranks below the middle of the nation in total tax rate.  

In category after category, larger condos and higher price ranges are selling better than smaller condos and lower price ranges. 

They pay rent before the due date, clean the property after every client, and if something breaks they usually repair it before I'm aware because their clients will give them bad ratings.

Also is there a plan to replace the HML after a particular point?