Has anyone had any experience with a fire damaged house?
We are looking at a duplex with third floor fire damage.
50k
Comps 130-180
Have not looked inside yet

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Let’s say I purchased investment home for 200,000. After many years I have 100,000 inequity built up. If I then sold this home for 250,000 (without 1031 exchange) , what am I taxed on?

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So how do I get rid of these things?

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