This move in combination with the elimination of the "Stepped Up Basis" would have a real negative effect on real estate, anybody who owns or sells real estate and heirs of anyone who passes away.Along with long term capital gains treatment, the 1031 and stepped up basis are three of the most powerful tax benefits of real estate. 

I moved from Panama City, FL to College Station, TX 3 years ago for an employment opportunity that placed me almost geographically centered between kids and grandkids.

So, even if you do one flip every five years, it was still bought with the intent to rehab and sell, so it would not qualify for 1031 Exchange treatment. 

We have a great community center, Lakes, Canals, convention center, Fire/Police/Library food, POffice, Golf Course, grocery store, shops & of course beaches.  

Termite Treatments (subterranean, no tenting):  $800-1000/house7.  

However, you may elect to capitalize amounts paid for repair and maintenance consistent with the treatment on your books and records.

I'm a leasing rep and one of my properties is a community strip center located in area of the city with a lot of community pride/interest in locally sourced products.

Also looks like the beam across the entrance to the carport is somewhat sagging, I'm guessing from the lack of a center support and such a long span.

Nearby is very residential and there's a large retail strip center directly in front that is a bit run down (but on sale) so potentially will get a face lift upon sale.

Its a listed REO.Needed: roof, new kitchen, all baths (2 full, 2 halfs), hardwood installed, HVAC system, driveway, water heater (tankless), interior doors, windows and window treatments, garage door openers, attic insulation etc - pretty much everything inside.