Along with that the 1031 exchange also allows you to defer tax on the gain. 

The financial benefits of a cost segregation study are realized through using increased cash flow to scale your business or strengthen your portfolio which is done by maximizing the net present value through deferring tax payments.As a reminder, bonus depreciation started to phase out in 2023.

But if its in a good area, well presented and priced, it sees multiple offers still.

Discovery is expensive, and I can see your point of listening to the advice of the attorneys you’ve spoken with - it is your money, and you know the facts of the matter to be able to present them to get proper counsel.

So I went home and for about a week non stop I worked on a presentation of what all I was going to do in this project and how I was going to do it.

It has been my experience that problem children will present themselves in the screening process if properly screened.

Be prepared with solid financial projections to present to lenders.9.

Anytime you have the question of if you can write something off, keep the receipt until you speak with your tax pro and they come to a final conclusion for you.For specifics on your current situation/question, I'll defer to the amazing tax pros in this community. 

You could also do a 1031 exchange and indefinitely defer all the capital gains tax.

Opportunity presented itself.