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Real Estate
Reply to "Rundown house in the neighborhood"
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[quote=Anonymous]There is a house like this on the street where my parents live. The owner bought it in 1960 for $10k and it is now worth about $600k even in its current condition but of course he doesn't want to pay income taxes on the sale of the property. So basically we are just waiting for him to die so his estate will sell it to someone who will renovate and occupy. But otherwise there isn't really anything the neighbors can do. bummer I know.[/quote]
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