I  have a detailed reply above that explains it and provides the code citation to read as well

With a project this size you want to 100% verify before diving in.

Wondering how to go about getting this done. 

To clarify for those reading the company is Prime Corporate Services out of Utah.

This question crossed my mind recently after reading a post and some comments discussing whether an investor is experienced enough to raise capital from outside sources.

Just like professional athletes who still work with coaches to hone their skills, a real estate mentor or coach can provide you with valuable insights, shortcuts, and strategies that can help you avoid mistakes and fast-track your success.

This is pretty clean.Scenario 2:  Your partner has owned the house for 15 years and has been taking accelerated depreciation, so the book value of the house is very low. 

Its possible in your area that garages and parking are more valuable than units - this is your appreciation. 

Yes, valuable lesson learned.

But post locally for this.