Real estate loans to owner occupied properties where the business of the owner is closed down - or SHOULD be, and the owner needs some time to sell the property.  

If they gift the land, it falls under the annual gift tax exclusion ($18,000 per recipient in 2024) or the lifetime gift exemption ($13.61 million in 2024).

Has anyone purchased from the Peak Group and used them for property management? 

If so, this is the RISKIEST option.

Strip the floor to the subfloor and paint over it to stain block then just recarpet or put in vinyl to mitigate future stains. 

@Daria B. it sounds like you were the seller, you have the credit, and you did a 1031.

You still in the area?

This is useful information but much more useful would be a look at the pitfalls.

However the most obvious benefit based on what you’re stating is that the depreciation from cost segregation will offset your $100k in taxable income from your commercial rental.There could be more benefits depending on future plans especially if you plan to sell any real estate in the near future. 

I hope things go better for you in the future.