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It s a safe room is, of course, the width of this threshold. it s much thicker than your traditional 2x4 wall, and, of course, this steel door, which is much stronger than a traditional interior house door. the door has to open in, because if the whole house collapses around you, and if the door opens out, you re not gonna get out. so all the safe room doors open in. and we ve also got a few features here like the telephone outlet and, of course, the fresh-air vents to make sure that there is airflow in and out of the room in case there is no power during a storm. some simple additions to a regular bathroom that could make all the difference when it counts. a safe room is something that isn t really expensive and can really give you peace of mind. there s more you need to know about staying safe in a disaster, and i ll run it all down for you next in the massi memo. [ woman vocalizing ] ....
It s a safe room is, of course, the width of this threshold. it s much thicker than your traditional 2x4 wall, and, of course, this steel door, which is much stronger than a traditional interior house door. the door has to open in, because if the whole house collapses around you, and if the door opens out, you re not gonna get out. so all the safe room doors open in. and we ve also got a few features here like the telephone outlet and, of course, the fresh-air vents to make sure that there is airflow in and out of the room in case there is no power during a storm. some simple additions to a regular bathroom that could make all the difference when it counts. a safe room is something that isn t really expensive and can really give you peace of mind. there s more you need to know about staying safe in a disaster, and i ll run it all down for you next in the massi memo. [ woman vocalizing ] [meow mix jingle slowly and quietly plucks] ....
Massi memo. earlier, we talked about 1031 exchanges, which is the process of exchanging one property for another without getting slammed with a big tax bill. the detailed step-by-step is on our website, but what you need to know is many people get caught off guard by the tax implications of real-estate transactions. but there are times when you can avoid that by doing a 1031 exchange. an exchange usually involves swapping one piece of property for another through a middle person. and this third party holds the proceeds from your sale and then uses it to purchase the other property. so, technically, you never really make a profit, and it never touches your hands and can t be taxed. now, this is critical. you must designate some potential new properties that you re looking for to buy within 45 days of selling the old one and then close on one of them within six months. that s it for today. be sure to send me your questions or property stories at propertyman@foxnews.com and check out our ....
Basically. there s no guarantee you ll get that. so, it is legislative grace, and you ve got to make sure that you qualify because unless you can prove that you have, you re not entitled to the deduction. when we come back, we ll review everything we learned today in the massi memo. [ woman vocalizing ] diabetes, steady is exciting. ....
Basically. there s no guarantee you ll get that. so, it is legislative grace, and you ve got to make sure that you qualify because unless you can prove that you have, you re not entitled to the deduction. when we come back, we ll review everything we learned today in the massi memo. [ woman vocalizing ] ....