@Aaron Hunt my tax stuff is even more complicated than that since I have 1099s (consulting agreements in my profession as S and LLC), stocks, interest payments, as well as W2s and my rental income.

My only experience is in building a brand new home with a new foundation.I am having a hard time understanding the order of events on an add-a-lvl as it seems more complicated than a new build.When should I demo and am I just bringing the entire interior to the studs?

My only experience is in building a brand new home with a new foundation.I am having a hard time understanding the order of events on an add-a-lvl as it seems more complicated than a new build.When should I demo and am I just bringing the entire interior to the studs?

Or is the 30k depreciation recapture owed this year and only 50k can be thrown into an OZF.And then just to complicate things further if there's passive loss carryover of lets say 10k - does that have to get used first further reducing the capital gains that can be invested to either 70k or 40k?

You should always have your lawyer review commercial leases since they are more complicated then residential.If you divide your existing space then each will need their own utilities and meters. 

Just when we needed it to get more complicated. 

Sorry for the drawn out question, but any help on this would be huge as it seems i've found a way to over complicate this.

Fairly complicated return.  

It only becomes complicated when investors try to over complicate or over think everything.

The BK will complicate things.