Whether or not it's a wise move depends on factors far more important than capital gain taxes or your advisor's fees.You go to a local store and buy a large TV.

He tells me that i need to hire a plumber and this and that.Because if his stuff messes up with a water leak, (Tv/PS4) ima pay for it etc.

When you are at home, don't turn the TV on, instead reach for a book.2)Put it into action.

It's quite often today that I see advertisements on TV, billboards, or signs on the side of the road stating "I buy ugly houses" or "I buy homes with cash fast."

I understand why they think that given the pod casts  late night TV etc etc. but reality check is this is a capital intensive business.. and undercapitalized business fail most times.Americans specifically have a very tough time managing personal debt.. and some of it is certainly regional..

Satellite is popular but you end up paying a lot more for Internet and phone if you unbundle the TV, making satellite not as good an option as it should be.

from your first sentance of who brought the project and thinking of Texas rehabbers I could sense trouble.It happened to me there as well.. now i could afford to take the hit.. but that is ONE TOUGH market to workeven when things went well ARV and sale price never meshed .. its  a local experts market.. and contractors dont need to be licesned.. this simply is not surprising..thanks for posting this is a good warning to others who think fix and flip is like TV.. and to be uber cautious in Texas.

Radio and TV Tax (GEZ)This only applies to those who do not fall under the “Status of Forces Agreement”.

They never had any issues from guests except a broken tv that was paid for. $800 a night was the average and they had about 50% occupancy.It may be worth giving it a go and just leaving everything in it.

Oh yeah and they also bought a 60" TV and some other luxury items during this time frame to boot :) .