The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

Income: > $200,000 (gross) before bonuses; Credit: mid/high700 to 800; Rental History: Great, references available.

3 - (BONUS) - When will bot of these conditions be meet so I can sell the property, minimize the losses that are about to kick in, and max out my profits?

I'd really like to network and find people with some experience, and it's a super-bonus if you've done deals via seller finance or sub-to...I am confident in my ability to acquire good deals, but I would really love some different perspectives on what to do with them once I've acquired said property.I've waited and learned, and waited and learned some more.

I would offer the tenants a fair rent/lease agreement and if they rather don't want to accept it, offer them a move-out bonus.

It ends up being a nice bonus to help them get started in life.

And having extra cash to invest in a down turn is a bonus as well.The real question is how much you like these. 

Let's say you do have a taxable gain... if you place the new property in service in the same year, and have a good CPA, you should get enough bonus depreciation to offset that gain. 1031 exchanges are expensive and tricky, even before considering a reverse exchange or other complexity.

Bonus points for grabbing a little equity or value add by targeting items on the market for a week or two and offering a little below market or finding something that needs minor value ad cosmetic touches. 

Even within depreciation there are different terms, so the 27.5 years applies to some items, shorter for others, bonus depreciation for others.