I think i just take the pro-rated 8 months of depreciation in 2016 (for both actually) but when using one of the automated web services to do my taxes, i get a warning talking about net gain or loss Form 8829 , referring me to 8549, and form 4797.  

(need cash)By segmenting you are able to better target your advertising dollars and expand your market coverage area

We need to re-think about our target and strategy for the local market. 

Thanks and yes I've searched in mls but don't know exactly which to target ?

With 20/20 hindsight regulators and plaintiff's attorneys paint targets on these individuals through rescission rights or other legal techniques-They train sponsors to source money through other active investors which inevitably leads to squabbling and a loss of control.  

What is your market price target.

I would do a small target area with high equity with owners over 55.

It can be a generic statement in the lease (eg: any changes to this agreement must be made in writing, signed by all parties, and may result in increased rent) or it can be something you post publicly on your web site.

I think rates and max cash out LTV will continue to be a moving target as we ride out of all this market uncertainty.

They are old and not appealing to the caliber of tenant that I am targeting, mainly college students.