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The interest in co-living is on the rise, a direction emphasized by the merger between the two of the largest co-living operators, Commons and Habyt.
Get to st. george island where a few dozen people did not evacuate during hurricane michael. the devastation we see immediately making it clear those people were in peril. tiaura walker was one of the people who stayed behind. did you think you were going to die? >> there were a few points in times i thought it could happen, that i could die. >> reporter: tiara stayed at an armt, o apartment. >> there was a point i thought the roof was going to fly away so i flipped the couch over and tried to prepare for the worst situation. >> reporter: this incredible video comes from a security system as h...
>> yes. it's a gift, yes. under 15,000 tax-free. g over that, it's taxable income that has value and it is taxable income. same thing with cars, same thing with the use of apartments, taxable income if it exceeds the limit. but you're right about one thing, a tax expert will look at property and value it one way. a real estate expert will look at the exact same property and evaluate dramatically differently. the disparity doesn't mean fraud. it means a difference of opinion. >> sean: not only that, a property can be on paperwork $1 million but can only sell it for 700,000 or use of an o apartm...