Thank you, we are currently working the deal. 

I do not want our clients to be the precedent setters so we are conservative as these SDIRAs are great tools. 

This seems quite silly since we are just transferring to ourselves essentially with no money exchanged.

We are a family shop that operates out of Lubbock, Midland, and DFW.

We are currently breaking even on the property before depreciation expense (we are holding on to the property b/c it's in an area where the appreciation is high), can the "unused" depreciation expense be carryover as PAL to be applied against capital gain when we sell the unit later on?

Our general contracting business is in a HCOL City (one of the hottest markets in the States), and we are doing better than we expected, and my partners now want to transition into real estate investing.

That's something that I've thought about doing, but since we are planning to scale this business up in the coming years.

However, we are on a time crunch.

We are from Portland, Oregon and have honed in on the Spokane, Washington and northern Idaho area. 

@Derek BaileyHey add me since we are both new.