., the easiest way to think about it is that if you sell your property tomorrow for exactly what you bought it for ($500K) you will owe all of the tax on the gain and depreciation recapture that was deferred into it in your 1031. 

I was able to get the rood payment cut in half, so I did not have to pay the whole price for it.

Anyone have experience turning a duplex into 2 half plexes?

But reality is properties get priced up, because everyone with half an ounce of intelligence will buy those too, and sellers will take the max they can get.

You are telling other strangers you won’t let them pay $2,000/mo because other strangers are paying $1,000 or $1,500 if you go up half way.

The back half has street access to another road. 

It's about half a square mile of pipes, electrical work, sensors, chemical reaction vessels and towers, storage tanks, etc. 

Closing cost's $, and a seller with half a wit is going to want some kind of representation to know this ya-ho saying there "A CA$H BUYER" isn't working to rip em off.

ABC kept the first two and half months of rent from the rental guarantee for tenant placement fees and utilities (water, electric).

For example, any expenditures on carpeting will go into a different depreciation bucket than concrete sidewalks.The harder part is the cost segregation of the original structure and you can follow one of the half-dozen ways the IRS allows you to do cost segregation.