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31 July 2022 | 32 replies
The place is vacant anyway, you're talking about a couple days of extra wear and tear and it lets the new tenant move in gradually if they so choose.
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6 December 2022 | 22 replies
This is assuming average wear and tear on the property
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21 November 2023 | 20 replies
They are incredible house keepers, they seem to always be on the move (so less wear and tear on the property.
27 September 2023 | 85 replies
Now let’s tear it down.
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28 October 2022 | 14 replies
it would seem that would be the case because there tends to be more tenant caused property damage and wear and tear where there is lower income.
6 November 2021 | 67 replies
Note even here, though, that from all that I've read (a lot of this is reddit anecdotes), it was almost a one-size-fits-all approach, they were tearing out 1-3 year old carpets for new(er) carpet, painting over freshly painted walls, and so on.
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14 August 2022 | 120 replies
Standard purchase real estate (such as your home); if you consider it moving with inflation, you are probably close most of the time.But in reality, your home is paid for approximately (x 3) when you figure in the mortgage payments, then you can add to that insurance over time, taxes, and wear and tear replacements over time.So in reality because you want to own a home, and are too poor to pay cash for it, your total expenditure will probably lag inflation when you consider all of your costs (but not always in hot areas--depending on how long you own it).
8 October 2021 | 7 replies
If you hold on to it till you pass, the lifetime limit becomes irrelevant, it passes with the stepped up basis on death.Just to add I'm not an attorney but went through these issues when my parents and in laws in their latter tears till they passed.
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8 December 2021 | 30 replies
No tears, but it truly means a lot to me on a personal level.
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16 January 2024 | 33 replies
Only exception is if I tear down the house to build new.