Hey Elizabeth, Since you are selling your business you are likely getting capital gains treatment on that gain if you have owned the asset for over 12 months.

They want high volume agents to generate income for themselves, and increase their stats.Yes, as a Realtor (not all agents are Realtors), you have to abide by the Code of Ethics. 

Good question mate.Been in the game long enough that I can sell till the "cow's come home" lolOr find a way to convert, monetize, optimize, etc...It's against my ethics so I choose not to.And I've done my fair share of charity and still do to this day.Feeding the poor per seBut I refuse to "Feed" the lazy and ignorant (And wealthy) with free information that took blood, sweat and tears and years to get.I'll let the guru's monetize on such folks with their books, guides and masterminds lol

I'm sure they must have some ethics rules they must follow?

I would ask for them to pay for a termite treatment since it is unknown.

Everybody has to eat so I'm not going to go into the ethics of it but you have to go into this eyes wide open that public adjusting like this is not, in my opinion, a job to use to get knowledge and experience in property management.  

I've had clients buy without ever seeing the place or seeing it hours before closing...the right boots on the ground is key but, while most realtors are ethical, no one has more invested in your long term success than you so don't rely on information from others who could profit from it.

As of this post, I have not yet had my appointment with my neurologist to discuss the findings and route of treatment.

All it does is takes your already calculated tax basis (again - your actual acquisition) and identifies some components of that basis that have more favorable depreciation treatment. 

@Kevin Sobilo is correct, this property will more than likely not qualify for 1031 exchange treatment.