In the event you underestimate the section 1245 assets, an audit would simply result in an positive adjustment for the tax liabillity.

This hands-on approach could also give you more flexibility to adjust to market conditions, like listing at the right time.Lastly, even though you didn’t invest your own money in the deal, building relationships with your private money lenders and owner financiers for future deals is key.

A quick question on subdividing land: how does it affect the tax on that land after subdivision?Example using fictional figures:We buy a 10 acre lot, taxes are $1,000We subdivide it into 10 x 1 acre lotsNo properties ...

HELOC is best for short term money, because the interest rates are adjustable, while the second mortgage is a fixed rate for a period of time.  

@Jim Bouchard  the only action for you right now is to maybe adjust the closer on the screen door so it doesn't slam.  

The growing inventory, up 36.6%, offers more options for buyers, while sellers might need to adjust their approach, highlighting value and making their properties stand out.Townhomes & Condos: A Shift to the Buyer’s AdvantageIn contrast, the townhome and condo market is presenting more of a challenge.

Replacing the vanity itself is very straighforward - find your studs, set the vanity in place and shim and adjust it so that it's level and plumb, and then use cabinet screws into the studs to make it permanent.

So our hopes at reconsideration based on on the historical permit records are slim to none.So it looks like our only move here is to prove that the coach house has been existing as residential for at least 20 years and get an administrative adjustment. 

The only thing is that you should adjust the return is for the volatility of the price.Any asset that have more volatility, should offer a better return.What do you prefer?

Since your last residency was in 2020, you do not meet this requirement, so the exclusion likely won’t apply.You'll need to calculate the capital gains based on the difference between the sale price and your adjusted cost basis (original purchase price plus improvements and less depreciation taken).