However, since you changed out the boiler  and the components to make it individual systems, that will be an adaptation or betterment, and your accountant may confirm it was a Capital improvement.Unfortunately, the Bonus depreciation extensions ended at the end of 2013.You might investigate whether there is some way that your new system qualifies for a MACRS accelerated  depreciation.

Now, more advanced thought, you can sell a lease and an option, the option isn't going to have much if any value in residential without extensive underwriting, but the lease can be assigned easily for a purchase, it's similar to a loan with a lease` assigned, but if the tenant fails there is less recourse but they do have rights to future leases over an agreed payment period, you're selling the annuity income much like a note or partial note sale. :) 

No problem though, it's just not as extensive as the actual underwriting guidelines.  

You also freed up extensive cash through your 1031 to buy 2-3 more properties in a bit.

Hello, I'm looking for a referral on a tax professional in the Orange County, CA area who is specialized and proficient at handling 10-99 employees, work-at-home scenarios and extensive travel expenses.Thanks in advance.

If he's ripping out the repairs you can file an eviction for extensive and continuing damage to rental property or you can do a termination of tenancy since he's on a month to month and site it for another reason outside of the rent not being paid. 

Judge Foster was wrong , automatic stay does nothing to time periods and deadlines, which are governed by 11 USC 108(b), Extension of Time.

I know there are different kinds out there and you have to do some extensive interviewing and researching for someone that fits what you're trying to do. 

Can anyone recommend a solid Realtor who has extensive experience in locating 2-4 unit properties and rehabs potentials?

Even as an accounting software for rental management, extensive customization is needed.