I figured give it 10 years and with more investments and similar decisions and I'll buy these with passive income and won't have to worry about it being a "depreciating asset" - it will be like furniture, nice to have, usable and expendable. 

There's nothing in it for them so why expend a ton of time on it.

I am just struggling to determine what the "norm" is for expending versus capitalizing.

You pay a small royalty to the designer, but it is well worth it for the effort you would have to expend as an alternative.

Just looking to expend to a different market.

All of which can be expend greatly and rapidly.

Taxpayer's purpose for acquiring, holding and selling the propertyNumber, frequency and continuity of salesDuration of ownershipTime and effort expended by the taxpayer in promoting salesTaxpayer's use of brokersExtent of improvements and subdivision made to facilitate salesOrdinary business of the taxpayerExtent and value of the taxpayer's real estate holdingsExtent and nature of the transactions involvedAmount of income from sales as compared with the taxpayer's other sources of incomeTaxpayer's desire to liquidate landholdings unexpectedly obtainedTaxpayer's overall reluctance to sell the propertyAmount of advertisingUse of a business office for salesTaxpayer's control over any sales representatives

Is Payroll a 50/50 split between the two; does landscaping get expended to the land only since its exterior?

Cheers to this deal and to many more this year.Are you looking to invest for a third commercial investment in the area or are you looking to expend elsewhere?

Not only that, but we will have to expend significant effort ( time is money, remember?