Similarly, I am currently depreciating an HVAC system I installed several years ago so wouldn't the remaining undepreciated amount be added to my adjusted (carryover) basis (using either the general or simplified methods) after the exchange is completed?  

I reviewed Form 8824 and after much research I generally feel comfortable completing the form as well as how to depreciate the carryover basis and additional (or excess) basis using either of the two allowable methods (general and simplified methods).  

This simplifies your situation.Contribution Limits: Keep in mind that the IRA contribution limit is $6,500 per year.

Those three things ONLY will simplify your analysis a lot.  

To me it seems like you are over-simplifying and over-idealizing the situation.

Please do consider that I have highly simplified the overall premise here in the interest of being quick and concise, and also because I frankly don't 100% understand the business.

Hi Account Closed we host 5 free monthly meetups in MA (Lowell, Waltham, Worcester, Gardner) and NH (Manchester) under the name Simplified REI.

Level of rehab for flips versus buy and hold is a very broad question, but to simplify I would suggest the following.FlipsOpen layout as much as cost will allow.

Simplified example: if all assessments would exactly double, individual property taxes would stay exactly the same.Milwaukee is currently the 2nd most competitive market for renters in the US, you can watch a video on current Milwaukee rent increases here. 

This will simplify later management and development if that becomes a possibility.I would also then recommend a 3rd LLC that is a management entity for the property.