Not a fan other than in bathrooms and laundry rooms.

The $250 essentially pays for the fee cleaning when they leave.

Yes, the gap between the flooring and the wall is essential.

Essentially it need not be one or another .

The “cost basis” is a little complicated, but essentially you’ll owe taxes on....1) the depreciation recapture and cap gain you deferred on the sold property, plus2) depreciation recapture and cap on the replacement property you are now selling.Remember, a 1031 simply Defers reporting of the gain.

You will need GFCI's in the kitchens and bathrooms, along with a whole list of other things. 

I'm always asked to do someone's basement or bathroom.

On the inside I completely gutted the bathrooms, turning a half bath into a master retreat.

Inside included basement work (sump pump and drain tiles), new kitchen flooring, cabinets, fixtures and countertops, new bathroom fixtures and flooring, new windows, paint, doors and so much more!

Purchase price: $52,000 Cash invested: $117,188 Fix and Flip that needed to be completely cleaned out, all new flooring, walls, bathrooms, and kitchen.