This would allow you to indefinitely defer all of the tax if you sold, and use the tax you would have had to pay, to purchase something nicer in an area with a greater growth potential.   

Everything went really well except for the fact that they sold the loan to a hedge fund before closing and the hedge fund's fees were added to the loanguys fees and it all added up quite a bit so I changed my mind at the closing table and used a private lender that is friends with the closing attorney. 

Last year we had the most homes above a million dollars sold since 2017.

I moved to the U.S. 10 years ago and have since started and sold four small businesses.

It seems they were non-paying tenants even under the previous owner, who likely sold the property because of them.

Sold it early because of my relationship and had to move.

Whereas owner occupant buyers are looking at comps, sold prices for similar nearby properties, and don't care about cash flow. 

I bought vacant land, built a spec home and sold it to an end user.

Comp 1-2bd with 1-2bds and not 3-5bdsStep 2: columns in Excel - total sq ft, abv grade sf, below grade sf, % abv grade, % below grade, sold priceStep 3: average in Excel - avg ppsf above grade, avg ppsf below grade, avg ppsf totalStep 4: below grade finished 50-60% of above grade ppsf, below grade unfinished 25-30% of above grade ppsfThis will get you close.

You can also ask for a copy of the policy.