@Lindsey Kocher, Even before antitcipating a 1031 exchange, you'll want to work with your accountant to determine how much suspended loss you'll be able to unlock vs what carrying forward your basis in a 1031 will look like.

Personal use, mixed-use items, or home office mistakes are common pitfalls.Retirement or education credits: These are often oversimplified on social media, and claiming them incorrectly can lead to huge penalties.The IRS has sophisticated systems to catch improper claims, and relying on viral tips instead of professional guidance can be very costly.

Also, does the IRS calculate the tax bracket based on the income from my W2 job, all LLC's ?

Correct, but according to the IRS Publication 5653 Cost Segregation Audit Technique Guide this IRS prefers an “onsite” visit.

You should have:1) Involved an attorney when seller disclosed IRS liens.2) Required seller to supply copies of their IRS communications as a condition to extend contract.3) Required seller to reimburse you for your inspection costs to extend contract4) Required seller to reimburse you for your appraisal expence to get a copy of it.5) Never tried to rent out the property given the IRS lien and NO ONE ELSE but seller knowing what's going on with the IRS release!

In terms of determine rent:All tenants can generally see is what's available.

The IRS lists six exceptions, two of which you already mentioned.

You can take bonus depreciation on any property that has assets that qualify.So to answer your question, yes, you can take bonus depreciation on components of a house that is used as a MTR.However, what you may want to determine from a conversation with an accountant is whether the activity will be treated as active or passive.The next question would be, even if you can do a cost segregation study, would the added depreciation from bonus depreciation be beneficial.

IRS FAQ on Bonus : "(a) the property was not used by the taxpayer or a predecessor at any time prior to such acquisition; (b) the property was not acquired from a related party or component member of a controlled group; (c) the taxpayer’s basis in the property is not determined in whole or in part by the seller’s or transferor’s adjusted basis in the property; (d) the taxpayer’s basis in the property is not determined under section 1014(a) or 1022, relating to property acquired from a decedent; and (e) the cost of the property does not include the basis of property determined by the reference to the basis of other property held at any time by the taxpayer"

The IRS language is so very vague in some areas.