Unfortunately, I am arriving to Spain on July and I will be the whole summer in Valencia with family.

Shortly afterward I arrived at the conclusion that real estate wasn't for me and stepped back while I contemplated my next move. 

Hey John, To break it down for you: Capital Gains Calculation:For the 33.33% Interest Acquired via Quit Claim Deed (November 7, 2015): This portion of the gain would be calculated as the difference between 33.33% of the sale price and the original purchase price of $52,700.For the 16.66% Remainder Interest Acquired on November 17, 2020: This portion of the gain would be calculated as the difference between 16.66% of the sale price and the fair market value of the property on November 17, 2020 (the date of Person A's death).For the 50% Remainder Interest Acquired on January 17, 2023: This portion of the gain would be calculated as the difference between 50% of the sale price and the fair market value of the property on January 17, 2023 (the date of Person B's death).Consideration of Home Sale Costs: Deducting allowable costs associated with the sale (closing costs, repairs, etc.) from the total gain to arrive at the taxable capital gains amount.1031 Exchange as a Means to Defer Capital Gains: You're correct that a 1031 exchange could be utilized to defer the capital gains taxes.

I was just wondering what data Zillows sees that makes this market much hotter then anything else in the US?

I have had guests attempt to arrive at the home well before check in (one time before the previous guests even checked out on time!)

While consumer prices came in hotter than expected (for the 3rd month in a row) and markets roiled on the news, producer/wholesale prices came in lower MoM , coincidently by the same amount. (.1%), and +2.1% YoY.

I sold the property two years later and used the proceeds from a healthy appreciation to buy lots in a hotter market - Cape Coral.

To me I never notice a difference and pick light scents just to keep my home smelling nice because its an older wood home in the country and sometimes gets a different smell to it that can be a turn off.The guest lost it on me after arriving and said she had asthma and couldn't stand being in the house and wanted a full refund.

Quote from @Daniel Rabinov: Would love to hear the opinion of anyone on how exactly he would take $1,000,000 cash and utilize it to meet the targets below.Please, if any agents/brokers are replying, don't talk about the market you work in as it's a bias opinion due to the nature of your work.I currently live in Spain, but can oversee projects and physically arrive at a destination if needed but not relocate.Goals:1.

What expense ratio/vacancy rate is being used to arrive at the 10% cap rate?