You can get a CPA once have a few properties, its not really that complicated. 

Did it strengthen or complicate your investment process?

That way, they share in the profits directly, which avoids complications like this.It’s definitely a good idea to check with your CPA to ensure your entities and agreements are structured correctly, this scenario comes up more often than you’d think.

Because taxes are ridiculously complicated.

That part is not complicated and not optional.Second, state rules.Every state has its own framework.

If you have already done both cost seg and a subsequent 1031, it has to be correctly prepared. 9 out of 10 tax returns in this situation, and maybe even 10 out of 10, ignore these complications.

Thanks for reporting on this, but I think you’re over complicating things.

Unfortunately, this is far more complicated than "you can defer depreciation recapture with a 1031."

Quote from @Mark Soreco: Like almost everyone else I'm sure, my situation is complicated.  

Sure, it may bring a deal with more money...but that usually comes with more complications and strings attached, which can end up blowing up a deal.