Thanks All. I really appreciate your feedback. Yes, it probably does not matter too much about the unpermitted fixes, as this is what goes on in City Heights. I will disclose it FOR SURE if I sell. I would have to buy her out before doing a 1031. As far as buy out is concerned, I thought it fair to get it appraised, then deduct realtor costs (as I would have to assume those at some time when I did sell), and make the offer based on that amount. Any comments on that idea?
