George4Tacks
Level 15
03-26-2023
10:45 AM
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Where I live a home on 2 1/4 acre sold for $5,525,000. Can't hardly get a small condo for $1M
But I never shovel snow.
Just in case they want to reinvest out West here is the property
https://www.redfin.com/CA/Fremont/600-Monticello-Ter-94539/home/1971770
P.S. I had a friend who purchased his home and the lot next door at the same time with intentions of enlarging. Enlarging failed and he sold the adjacent lot using IRC 121, adjusting his basis on the remaining home for the gain on that sale.
Answers are easy. Questions are hard!