How can this scam exist ?                    

That being said, it's hard to find and get into good MF syndication deals, they tend to subscribe quickly and often with the same existing group of investors. 

Purchase price: $58,000 Cash invested: $1,771 Took over the property subject to existing mortgage.

How can we be "changing" the basis if basis was never reported to begin with (as a filing obligation didn't exist).  

I think we should assume that the proposed new tax will be in some fashion an addition to the existing tax already imposed (i.e., the one posed at ordinary rates, not capital gain rates). 

I have my business banking with my existing LLC that holds my homes.

Each of these impact fees will be the portion of ADU vs. the existing structure. 

On landscaping we used existing plants and made something out of nothing.

By blend coat, I mean just painting the part of the wall that has obvious wear and dirt smudges and then blending that layer into the existing paint at the higher part of the wall and therefore avoiding doing cut-in at the ceiling and/or the ceiling, since the colors all match.

We had the existing tenant sign a new lease prior to closing at $1050 per mo, tenant pays all utilities including water and shovels/mows.