Just like I said.200% of Fair Market Value Identification RuleInvestors can identify more than three (3) like-kind replacement properties as long as the total (aggregate) fair market value of all the identified like-kind replacement properties does not exceed 200% of the total (aggregate) sales value of the relinquished property(ies).

But 'just doing it' even once requires a fair amount of time and money, and I'd rather be as fully informed as possible before doing so.)Thanks in advance.

You would have to cut the tile anyway to match with the walls, and cutting tile is a fairly easy process anyway.

It wasn't fair for me to expect them to understand.

I have only fairly recently started looking into this.

I know the term safe is a relatively subjective term when it comes to real estate but I am talking more along the line of what neighborhood/area can one stand to make a fairly significant gain with a 15-25K cosmetic rehab/update?

I am fairly wealthy.

First of all, the cost separation process, which would normally be done over hours of painstaking research, can be done in less than five minutes if you use fair market values for figures and you use the REMOVED BY ADMINISTRATOR website.

That fits in fairly well with my goals for investing in real estate.I assume that these percentages are based on the cost to buy from the first page - which in this case is > $60k.

Sorry, but I have seen this type of deal go bad on a fairly large scale.