Then rent some exotic cars, a yacht, a mansion and some hot women so you can sell this formula online like Tom does.

I manage a lot of beach rentals from studios up to 7 bedroom mansions.

It also mostly only worked because I had secured a gulf front mansion for $6k a month rent. 

Will a 7k sqft "mansion" get cheaper?

Ours got lumped in with a $15,000 a week mega log mansion. 

Your neighbor across the street has a 6 car garage and mansion on the waterfront, and you are taking bottom end renters.Too bad you could not figure out a way to get more rent for it.

Interesting, I didn't know about the mansion tax.

You can't sell a crack house for one million dollars and tell your buyer that tomorrow its going to be a mansion that can shoot lazer beams, and get some city pension to back it so that millions of peoples lives would be at stake if they question this foresight.   

You’ll only be able to include the larger capitalized items.New York Taxes: Beyond federal capital gains, you’ll face New York State and NYC income taxes, plus potentially NYC transfer and mansion taxes, depending on final sale price.

@Ezekiel Trevino I lived in a 1908 mansion that was haunted.