Developing an assisted living home requires careful coordination of licensing, staffing, and operations in addition to the real estate component.

Having a professional identify and carve out those hidden components from the structural bucket is where the real tax savings are generated.Great catch, and I appreciate you keeping the terminology precise for the readers!

Another practical point: flood insurance only covers the building and certain structural components.

The original structure: You can still reclassify components (5-year personal property, 15-year land improvements) from 27.5-year.

The logic is that the value you’re really placing in service is the new structure and its components, not the original house that was already there and used as a primary residence.

My point being, I think there's an "sexiness" maybe to the mixed use, but as far as getting things leased up, It appears the residential component is still the driver of the incomes, at least until the retail spaces fill and the area progresses enough to fill that need. 

One component of our communication consists of monthly news updates on the portfolio and individual site performance, which are uploaded to our investor portal, including monthly reporting of financials and individual facility performance.

Max engineered vs. residual: Max engineered is generally better — it provides a full component-by-component breakdown of what’s being reclassified.

Diversity is a fundamental component.  

Just a note on one small component of our Advertising efforts.We do Self Storage.