![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/383923/small_1621448131-avatar-jessicac9.jpg?twic=v1/output=image&v=2)
21 January 2019 | 12 replies
It’s a retaining wall for a reason, flooding, landslides, a structure push back, whatever, if you’re removing it, you need someone to do it correctly esp if you’re going to do it without permits.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1107206/small_1621508988-avatar-dawnm64.jpg?twic=v1/output=image&v=2)
18 September 2018 | 14 replies
The same owner occupied rules apply as John stated in his reply.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/537025/small_1621492046-avatar-kevins143.jpg?twic=v1/output=image&v=2)
28 September 2018 | 10 replies
Hi All,Thank you to everyone for replying to my post!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1106894/small_1621508982-avatar-williamd162.jpg?twic=v1/output=image&v=2)
16 September 2018 | 14 replies
@Joe BallingerThanks for the reply.
16 September 2018 | 16 replies
You're 100% correct, you aren't wholesaling.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1112800/small_1694810039-avatar-marcusm111.jpg?twic=v1/output=image&v=2)
15 September 2018 | 5 replies
@Wayne Brooks correct thanks for catching that.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/997602/small_1696794392-avatar-austinp52.jpg?twic=v1/output=image&v=2)
17 September 2018 | 27 replies
And of course done correctly you get stepped up basis for tax purposes then you can sell and not pay huge gains.. although you will have to talk to CPA about recapture.. or you do what a lot of folks do and 1031.. or you just live with the comfort of knowing you have millions upon millions of free and clear real estate. your grand dad is one smart guy ..
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1135525/small_1694908831-avatar-sergiol15.jpg?twic=v1/output=image&v=2)
17 September 2018 | 2 replies
Garza Someone replied to a similar post on a different thread.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1143140/small_1695086438-avatar-caryf2.jpg?twic=v1/output=image&v=2)
17 November 2018 | 4 replies
Your calculations seem to be correct. 5% return is not uncommon but consider all the tax benefits and appreciation of the property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/848491/small_1621504400-avatar-erickj8.jpg?twic=v1/output=image&v=2)
15 September 2018 | 1 reply
But I would love to get started the correct way.