Best advice is to just not even attempt to do it. At least in my area there is a growing number of people (i.e. the people buying your house) who hate TV's being above fireplaces for a number of reasons: aesthetics, difficulty viewing, damaging to televisions, not to mention if its inset then it destroys the look of the fireplace looking authentic since you have a TV where the stack is supposed to be. I personally think it's a trend that's dying and dying hard and that will be difficult to repair/replace. My two cents.
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