People borrow in opposition to their properties, spending the money and draining the equity. Then, once they promote and receive, say, $50,000 after repaying their mortgage and home equity loans, they think that’s their capital gain. But it isn’t, and typically their tax bill is actually much larger than that $50,000.
Renovations of any sort are daunting, especially in relation to bathrooms, a sanctuary of the home that should include form, function, and touches of luxurious. Lush greenery, a healthy garden, and the right mix of flower beds recover an estimated 267% of the price of maintenance on the time…