Or are you ok with looking at the replacement property, and if it's higher value and appears to likely have more value in both 1245 and 1250 property, do you figure there is reasonable basis to assume there isn't any recapture? 

I was actually having a hard time trying to figure out the procedure. 

As I run my STR mgmt business, I figured I'd simplify and share my company's comprehensive list of daily tasks that we believe deliver the best results:1.

Usually people use the enemy method to figure out the worth of the investment.

I figured seeking advise on this BP forum would give me an opportunity to consult with like minded investors...

@Priyanka Shah Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Quote from @Patrick Shep: if you’re figuring out the land value for depreciation purposes, can I use the Fair market value for the land? 

I struggle to figure out the draw for that market.

They are designed to make it nearly impossible to figure out who owns the trust.  

Trying to figure out the optimal strategy that will provide liability protection, proper estate transfer at death, and other strategies that can benefit their tax situation.I have my ideas, but want to consult with someone who has estate and tax planning experience in CA.