I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over time, as each joint tenant passed away, leaving 1 sole tenant who gained full ownership by rights of survivorship.I've gotten differing opinions from different professionals and am trying to understand the calculation of the basis and the final capital gains  tax that would be due myself so I can spot bad advice and understand deals.Assumptions:A condominiumNo depreciation has ever been taken by any owner.No 1031 exchange.No expenses or improvements.

Solar spots?

Curious to know how you are getting to the other side and actually getting a quote back to purchase the certificate or deed (in AL that is).Thanks in advance for sharing and hope you are enjoying this cool yet sunny GA weather!

Hi Haoyang,It's pretty difficult to find, but just with the resources available to me I was able to spot a few fourplex listings that were somewhere around $1.25M.

While it's a great spot with a ton of tourism unfortunately, it seems the hotels view STR's as competition and have helped to encourage the strict regulations.

Columbus is a great spot to invest in with Intel, Google, and Microsoft all coming here.

I plan to start out wholesaling learn how to spot good deals and then transition over to flipping.

I've written a few articles here that should help in your decision:The 10 Best Markets for Your First House Hack13 Real Estate Hot Spots You Won’t Want to Miss Next YearI'm personally putting my money where my mouth is and moving to Fayetteville, AR where I will be house-hacking my first property--something that could only be a dream in Los Angeles.

This community’s a great place to learn and share, so you’re in the right spot.

Miami isn't the spot, but Florida has several nearby markets where prices are ok, but you do need to make a conscious decision on the insurance costs and recent disaster.