It varies from county to county on how they handle it and some give great exemptions or a flat reduction to value. 

I think this city is target to that since population will keep coming due to house affordability (getting away from miami) If you're looking for quick flip , you may have to look for a different exit strategy as different houses here has similar condition , you have some competitors .... you can go either with price reduction strategy, partnerships or use creative finance strategyGood luck

In fact, 70% of real estate investors report positive cash flow from their investments.Debt Reduction: With time, you can pay down mortgages, boosting your equity.

(*Meaning reduction to your tax bracket, which may offset - cash flow).

While this term might sound like a positive development, it is essentially a rebranding of the traditional "Price Reduction."

Intuitively, probably just do a price reduction because once you open up walls, who knows what else you might find.

I also see people in your situation who as a newbie do okay, that's all I'm gonna say about it and you can take what you want from that because I don't have the Magic Pill to give you to make this work.

Pros of this are noise reduction...cons are obvious.

Day three was a presentation from an attorney hawking a tax-reduction home training course and half of the printed agenda for the day was ignored. 

Furthermore, with the expiration of increased estate tax exclusions contained in the Tax Cuts and Jobs Act, in 2026 we could see a dramatic reduction of the federal estate tax exclusion by more than fifty percent.