Question: Can you take the money spent on capital improvements and cash that out ( probably not ) or roll that over to the basis on the 1031 (in case you convert back to a primary) ?

James, I probably should have mentioned: my bar for what constitutes a "lot" of time and effort is set verrryyy low these days because I spent years refining my LTR operations to get them dialed in...At this point, my LTR operations are such that just adding an extra hour per week of work would be a noticeable increase to me... ...It wasn't always like this, though--I had to work too hard to get to a point where I don't have to work too hard  :)

Quote from @Lin Yin: I think buyer's agents role will eventually get phased out, at least for most home buyers.

But I spent a lot of time in civil court defending the purchases, usually against a multi billion dollar company called Fidelity. 

Hi everyone, I'm new to the site and have spent the last year or so learning,  reading, and over-analyzing.

I spent that to build it.Do I depreciate now on 200000 plus 100000, or since the first house was demolished I can't depreciate it?

We've both spent 100+ hours through various means over the past year - are we able to run a cost segregation study that would benefit both of us from a tax write-off perspective or only the person who spent the most time?

Had they spent a few thousand dollars on permits, then they would have likely gotten closer to their asking price. 

Step 3: Total the Hours From Real Property Trades or Businesses in Which the Taxpayer Materially ParticipatesNext, the taxpayer totals the hours spent in those real property trades or businesses in which the taxpayer materially participates.

No, but I spent the first half of my career in banking and I called a lot of sub-tos.