A real property trade or business is defined as ANY real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage trade or business.

A real estate trade or business is defined as ANY real estate development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage trade or business.

Geico has a big job market here as well.They are reconstructing the interstate system that passes through Macon for I-75 and I-16.

Newly reconstructed roads around area.  

When I was last there, the only Reconstruction going on in January 2006 were the Casinos - I assume they can afford to rebuild.

"Reconstruction Cost" is not Replacement Cost.

Purchase price is irrelevant to how much coverage you have/need - The dollar amount of coverage is based on “reconstruction cost estimate”.The price of your policy is set on the amount of coverage and the flood zone where the property is located.

As I am constantly networking, I'm wondering if anyone else wants to share a cup of coffee or connect who is in the home services space (water/fire/mold remediation, plumbing or reconstruction).

For purposes of this paragraph , the term"real property trade or business" means any real property development,redevelopment, construction, reconstruction, acquisition, conversion, rental,operation, management, leasing, or brokerage trade or business."

First off a tax assessment is not a reconstruction cost of the home.