View report*This link comes directly from our calculators, based on information input by the member who posted.

@Sung Yu the above posts are right on the money. 

However, Form 3115 is still the best way to claim past depreciation in full.This post does not create a CPA-Client relationship.

However, purchasing the replacement property from an estate where your mother-in-law is the executor and other heirs are your wife's aunts and cousins raises potential related-party concerns under Section 1031(f).The IRS generally prohibits 1031 exchanges between related parties unless both the buyer and seller hold their respective properties for at least two years after the exchange.To stay compliant and avoid disqualification, ensure:The estate sells the property directly before any distributions to heirs.You hold the replacement property for at least two years.The transaction is conducted at fair market value with no prearranged agreements.Given the IRS scrutiny of related-party 1031 exchanges, consult a qualified CPA or 1031 exchange accommodator to structure the deal properly and avoid potential capital gains tax liabilities.This post does not create a CPA-Client relationship.

Consulting a tax professional before making use changes can help maximize deductions while staying compliant.This post does not create a CPA-Client relationship.

As another rookie, this was such a helpful post.

That way you have open forums, blogs, and messaging to ask questions, understand the syndicators criteria, and see all the posts syndicators are involved in.What criteria are you looking for as an investment for your next deal?

When we post theses its hard to figure out where.

Great post as always Don.

Quote from @Josh Deschene: Hello All,This is my first post and I will try to summarize as clearly as possible.