These are old, almost always brick-veneer properties that have a lot of life left in them but have lacked the kind of maintenance they need, especially in recent years.The subflooring in these houses is typically diagonal 1-inch pine plank and they were originally finished with 3/4-inch tongue-in-groove oak strip from end to  end, bedrooms and bathrooms and kitchens alike.

@Vlad Bird It appears to me that you have high-tension power lines running diagonally across the property.

The adjusted outside basis of each partnership interest would generally be stepped up to FMV.In this situation it's usually a good idea if the partnership makes a Sec. 754 election (if it doesn't already have one in place) and a Sec. 743(b) adjustment to bring the decedent's share of inside basis back into parity with the newly stepped up outside basis.This is rather advanced partnership tax law and something you'll want to discuss with your tax professional.

The purpose of the 1984 amendment to section 195 was to bring sections 212 and 162 into parity when determining whether an expenditure has been incurred in a startup activity."

I don't think there will ever be true parity, but I think there will be some merge.

You may want to calculate the parity in the interest that you would pay with what you would save to ensure you win with the deal.

For example the old part of Denver (Downtown, LoDo, RiNo, Ballpark, Five Points, Curtis Park, Auraria campus) is laid out in a grid that is positioned perfectly diagonal to the four cardinal directions, and most of the rest of the city is laid out in a perfect N/S, E/W pattern. 

We're talking new roof, new electrical (wiring too, not just box), new AC, new kitchen with granite, stainless, porcelain at a diagonal, serious landscaping.

The diagonal, chocolate brown siding was not in bad shape, but it was just a very dated look.

Me and my wife cant decide on going with diagonal  vs straight wood floor.