There is a common misconception about deleading cost and how it can be done.It varies from situation to situation, it could be as simply as covering hazardous element with some plywood or metal, or it could be some replacement doors/windows and making paint intact.

Each of these elements can impact the overall terms, so it really depends on your specific scenario.

The reasoning, as I remember, was some combination of 1031 exchange, increasing ROE, and leverage.Does anyone have a good resource or explanation summarizing the logic?

You have prepared financials, and can learn about the strategy and performance of the properties based on many years of combined knowledge that the syndication has, in this case Ashcroft.

We wanted come up with a way to combine them which is a gray are in this particular zoning area.  

My free mentor has been worth more to me than all the other stuff I bought - combined.

As I mentioned, use sub accounts in a master account, this is like a subsidiary account, it is a set of books basically for each cell that when all are combined or consolidated add up to the balances of the master account.

By making this election, the taxpayer may be able to use a more favorable method of depreciation and simplify recordkeeping.Insight: Under this option, tax rules allow a cost segregation study to apply to the combined carryover basis and excess basis.

There are known "aggressive breeds" that constitute a combination of size, temperament, etc. to form this list of aggressive breeds which would theoretically be more of a liability.I also settled on a pet deposit, not a pet fee or pet rent. 

Bonus depreciation is an incredible tax benefit, but when you take the time to combine it with the right property and sponsor, that will prove to be a wining formula.Disclaimer: I am not a tax advisor or CPA.