OP:>Of course the new bill allowing us to possibly sell off either property is enticing but not sure how to value that either.only jurisdiction in the state that has adopted the law allowing separating of the parcel is San Jose.  

Which as newbie to real estate investing and to Bigger Pockets just referred to them as In-Law suites.

Has tax law changed recently or am I not filling out a form correctly?

Just like any other industry , the law of supply and demand comes into play . 

This in effect means LLs paid for the housing of these tenants by law without getting compensated.  

Is there anyone well versed in Colorado law that can answer a few questions before I consult with a lawyer?

I have no time for this, but if not removed my lawyer will send you a letter with every law you broke.

a lot would have to do with whether or not your grandparents estate went through probate; whether your grandparents had a will; whether financial consideration and the amount of consideration was paid for the property by your uncles; any other relatives and who they are; state law for inheritance if your grandparents died intestate, etc.  

My initial leases would certainly be 11.5 months or less with this new law.

I am looking for a duplex or maybe even a single-family home with a in law suite.