The good news is you have a month-to-month tenancy, so you have more flexibility on that front than if you had signed a year-long leaseIf your lease did not specify the type of parking (even if it was verbally clear which spot you meant), then the situation becomes a little complicated.

It's not meant to be.

He probably meant ask your 1031 Qi since he’s going to be the expert and any decent one would include answers in their fixed fees.

@Anthony Rosa For the life of me I tried and tried to figure out what SF meant and could not come up with an answer, I can't believe I didn't realize it was square foot. 

@Nathan Shankles I meant IRA not 401k.

If you incur those expenses in 2019 but the rental isn't available for rent until 2020- those expenses will carry to that year.I had assumed cash flowing meant placed into service.

It's not meant to be.

I hope you meant current owner, not previous owner.

That is what I meant by the income of the S Corp possibly never making it to your pocket. 

I took it in for annual check up one time but now they don't even recommend those its just as needed which is basically rotate the tires check brake fluid and windshield wiper fluid..