If you decide to sell and find an investment property with a greater cash flow potential.A 1031 exchange would allow you to indefinitely all of the tax and use it to your advantage to reinvest into larger nicer property/properties.

I lived in LA for a decade and we have many friends, family, clients and community members suffering and send our sincerest condolences to all of those experiencing and affected this tragedy. 

Hi All, and thank you for your help in advance.

Thank you to the people that come forward and post about the bad and not just the good.

Yes, I have done that several times, both as a buyer and as a seller.

@Paloma Wodehouse I started by going to Housing Court sessions and hearing the Cases and their "Dispensation of Justice".

You also implied that we don't specifically price deals for our clients and the client's "rates and fees will be much higher".

My $2000 also covers stuff that inevitably break under normal use - I had to replace a washer $700, a stove $600, a microwave $100, and a grill $400, all  within last 2 years, and paid close to $1000 for various service calls by electricians and HVAC techs and pest control. 

Grocers must eat the loss of their fresh vegetable or frozen foods during a power outage.

If you make them and insulate them good, it will be ok.