Similarly, I am currently depreciating an HVAC system I installed several years ago so wouldn't the remaining undepreciated amount be added to my adjusted (carryover) basis (using either the general or simplified methods) after the exchange is completed?  

Despite the dip in occupancy, rates remained stable or even edged a bit higher compared to last year.

That way for developer putting in extra 100k in TI they get 250k more (hopefully) when they sell.5 years or less remaining on the lease those are almost impossible to finance and most are cash offers.

As we progress through 2024, commercial real estate shows a mixed landscape influenced by economic factors like inflation and labor market shifts.Office PropertiesThe office sector remains strained, with vacancy rates at a record high of 13.8% in July.

I'd forecast that the general trend of East Valley rent being higher than West Valley rents would remain the same.

If the carpet is six years old and has a life span of ten years, then you should only charge them for four years of remaining life span.

Essentially, what I'm hearing is you are wanting to take a HELOC for the value remaining that is allowed to be taken and pay off the existing note.

Can I qualify for this purchase using my husband's income, even though he will remain in British Columbia while I relocate first with my kid to our new property?

the overall benefits remain great - mortgage paydown, tax benefits, rent growth, appreciation hopefully - but short term cash flow has taken a huge hit with the rise in interest rates. 

Although this is technically inaccurate (I saw a case where a sheriff sale of this sort was challenged and the challenge lawsuit took 11 months, deed recording came after that), that is the typical practical waiting period to get the title insurance for the resale.Whatever the mortgage balance, that’s now your obligation to get paid off; before even bidding on any sheriff sale property you should have a good idea of any remaining mortgage balance(s).