@Chris Burchsee this threadhttps://www.biggerpockets.com/forums/49/topics/678...same thing as yours guy hits me on BP.. i new he was a fake first e mail.. but I wanted to see where it would go.. so that i could post the real time interaction for BP members.. if a conversation goes anywhere near what is in my post its 99% fake.I have been in the lending business for 4 decades I looked at CI to list our lending products ( very niche) it cost money and i just did not get a good vibe for the whole thing.. all these lead source you know pay 2k for this super secret software that is going to put all these distressed assets in your lap.. well that simply does not happen.. finding distressed assets is expensive time consuming endevour.. the guys and gals i know that do it . 

E-mail us preferably as we are not allow to self promote. 

They even have built in E-sign for docs too. 

For example;(A) Quite hours(B) Dishes(C) Laundry schedule(D) Guest policy(E) Yard work duties.3.

E.  

In speaking with the building department's engineer, they informed me that in the event that the ADU has a separate address, it requires separate meters from PG&E. 

I can quickly create bank accounts for each property, the categories for tagging your transactions align perfectly with your Schedule E for taxes and I can do all of my tenant related functions like tenant vetting, lease creation and collecting deposits and rents.

The only way I know of to do a 1031 would be to do e exchange today.

Another CPA can correct me if wrong but I don't think there's going to be any recapture here.27.5 to me implies 1250 property and if acquired after 75' means no additional depreciation to recapture.I think there would be unrecaptured 1250 in the amount of the depreciation taken previously, max 25% at ordinary rates.The total gain less unrecaptured 1250 I believe would be 1231 capital gains, not considering other factors like look back and netting rules.Also the land would be 1231 and would get capital gains treatment.And personally I would subtract selling costs as a capitalized selling cost.Amount RealizedLess: Adjusted BasisRealized Gain/LossLess: Selling ExpensesRecognized Gain 1001I could be wrong though so correct me if so.Article for those interested:Depreciation recapture in the partnership context (thetaxadviser.com)While Sec. 1250 only requires additional depreciation to be recaptured as ordinary income, Sec. 1(h)(1)(E) subjects unrecaptured Sec. 1250 gain to a maximum tax rate of 25%.

The S&P 500 is at its upper P/E range of 25.