I've considered fixing up/selling homes before but never tried it. In a good housing market, I'm sure it's a viable way to make some coin. In the US, do they hit you on Capital Gains tax like they do in Canada. Here, if you sell your primary residence, you are not taxed on any capital profits but if you sell a second house or cottage which is NOT your primary residence the gov't dings you for something like 50% of the gain(assuming there is one).

Mark, I have no idea what one does with asbestos.... ;\) maybe send it to China so they can make toys, drywall, or clothing out of it or something...
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