So "component" depreciation really is no longer an option.

Now, the hotel has a real estate component and a business component; depending on what type of property is being relinquished will determine whether a partial stake in the hotel would qualify.Lastly, I will add that the 1031 must be executed by a Qualified Intermediary (QI).

Since it is their vision going into the house, will the architect and designer oversee all of the components involved to ensure proper completion? 

All outdated components and finishes have been updated and/or replacedwith components that meet current standards.

Older neighborhoods with failing components are most likely to see a special assessment for things like windows, siding, roofs, etc.

The timing of the proposed sale couldn’t be more to your advantage than it is now given the details you’ve provided in your post.Although I can appreciate your desire to save money by cutting out the real estate attorney/real estate agent, it would detrimental to do so for a variety of reasons.

This process will also make you more cognizant of the various components in each area of the home. 

Some more exposed persons may need to add on top of it an offshore component either from the start of with the intermediate option like the hybrid domestic/offshore asset protection trust.I can not tell you what you need.

Frequently, the most difficult component of a 1031 exchange is identifying a replacement property within the first 45 days following the sale of the relinquished property.

There are a lot of components to your question.