does this land have that kind of arrangement with tax offices? 

it's kind of a hidden gem.

(I should add that we do not borrow money, so it will take a couple of years' worth of profit to save up to buy another property.)Good and very common question.

I just recently moved to Los Angeles and was planning on doing this method later this year with some kind of Multi-Family property (2 - 4 units). 

This doesn't take much time at all and allows clients to write off the basis in their property quicker.There was a change under the "Trump plan" that affects your ability to complete a 1031 exchange (like-kind exchange) after completing a cost seg so if that is part of  your strategy it would be something to consider as well.There isn't a hard set line on when it makes sense to complete a study but with the information posted I don't think it would make a lot of sense on this property. 

Etc....... there are about 10 duplex’s before mine and they are all alike (townhouse kind of styled)....MY duplex starts the next set and there are about 10 of ours as well (side by side styled) across the street and the rest of the neighborhood are alllllllll single family homes that are pretty nice and well maintained.So I recently cut down a pine tree from my front yard that I felt like was just a hassle due to the pines that it dropped leaving a constant mess...I bought a Japanese maple tree to put in place of where the pine was and some small shrubs to fill the middle of the duplex and the sides.....The duplexes I mentioned that were BEFORE me all have small trees alike and all are maintained by some landscaping company and from mines down all pretty much have PINE trees.

Hey guys, hope I’m in the right place here or that this kind of stuff is allowed.

This looks like a good opportunity but I am kind of hesitant.

This looks like a good opportunity but I am kind of hesitant.

I really like this podcast, a different kind of way to wholesale, not really a usual who lies to the sellers and pretend to be end-buyers just to get a deal but ruins a potential relationship if they can't find an end-buyer.