Other owners could convert some housing inventory to other uses.

11 unitGross rents $5,500Purchase price $205,000Rehab needed - unknown until inspection - owner has put 175k in, but I'm allocating 5k minimumFinancing terms for BOTH units (including arm details and cap, if any) - 30 year, 25% down 5.75% commercial 5 year then converting to 1 year arm.

Convert it to a self directed IRA.

I'm looking to spend ~80-100K on buildout converting into an eye clinic.

I'd say convert any tax to user fee based tax.

It's a cluster of 4 commercial units that they want to convert into 1 large space (I won't divulge into which company this is until things progress or in the unfortunate event that they fall through).

That part of the wall is on the area where the garage was converted/added on, whatever at some point.

Where the money goes is in their pocket, converted into greater personal wealth, maybe a new villa in France.The price we pay for civilization is taxes.

Or converting a dining room into another bedroom...How long have the tenants been there?

IMHO if you can come up with the cash to pay the taxes I think you should convert from Traditional to Roth.