Updated about 5 years ago on . Most recent reply
Struck Off Deal in Texas - repairs vs. improvements
I am evaluating a struck off property (SFR) that has been gutted in Texas (TX has 2 yr redemption period). I know the chances are small (of redemption,) but just wondering after I rehab the property, if the previous owner were to try to redeem, what (if any) portion of the rehab would be considered repairs (reimbursable) vs improvements (not reimbursable). Again, this property is gutted so its a total rehab.