However, when I talk to new clients, they are not interested in these properties.

Not debating—just picking your brain because it’s clear you’ve got a strong handle on this.

The key challenge is finding a property that meets your needs today while also offering strong long-term potential, and I’d be happy to guide you in making the best possible investment.

Along with that, there's been a solid amount of industrial activity, particularly near Riverport and the Bluegrass Commerce Park, due to a strong presence of manufacturing companies in Louisville. 

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

but i also 2nd @Jay Hurst's sentiments - get a 2nd or even 3rd opinion on DTI/ full doc. i personally love files that are puzzles, i get some weird satisfaction out of figuring out how to make it work on full-doc, especially when my client has been told "no" before. if it doesn't work now, a good loan professional will help you create a path forward.

Plus, I use it as my CRM to keep all the info about clients, properties, and conversations in one place.May God have mercy upon your soul. 

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.

Last thing, I would strongly consider consulting with a knowledgeable property manager or attorney once you have a copy of the current lease and all of the facts.

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