Error ASPRUNTIME: Object reference not set to an instance of an object.in Visual Studio in method CopyPrecompiledFile.

Question

Hello, I have this issue and Ihave wasted atleast 2 days with this one. I have tried all possible solutions -
1. Turn Off Real time McAffee scanning  -- I do not have real time scanning ON
2. Delete Bin folder and start all over by adding references -- Did not work
3. delete .compiles or refresh filesdelete temp files from asp.net temp files folder -- no .Compiled file. Deleted refresh files but no use
4. change temp file for appliation in compilation tag of web config -- No use
My application framework is .NET 4.5 and VSD 2012. I have tried to compile from C:\WINDOWS\Mi
crosoft.NET\Framework folder as well as C:\WINDOWS\Mi
crosoft.NET\Framework64 folder. Both gave same error.
I need urgent assistance plz.
Here is stack trace :
C:\Development\Convergence\Applications\CAP\WixSetup\WixSetupView>"C:\WINDOWS\Mi
crosoft.NET\Framework\v4.0.30319\aspnet_compiler.exe" -u -fixedNames -p "C:\Deve
lopment\Convergence\Applications\CAP\TouchPointTier\Presentations" -v / "C:\Deve
lopment\Convergence\Applications\CAP\PrecompiledWeb\ConvergenceCAP" -errorstack
Microsoft (R) ASP.NET Compilation Tool version 4.0.30319.17929
Utility to precompile an ASP.NET application
Copyright (C) Microsoft Corporation. All rights reserved.
error ASPRUNTIME: Object reference not set to an instance of an object.
[NullReferenceException]: Object reference not set to an instance of an object.
   at System.Web.Compilation.BuildManager.CopyPrecompiledFile(VirtualFile vfile,
 String destPhysicalPath)
   at System.Web.Compilation.BuildManager.CopyStaticFilesRecursive(VirtualDirect
ory sourceVdir, String destPhysicalDir, Boolean topLevel)
   at System.Web.Compilation.BuildManager.CopyStaticFilesRecursive(VirtualDirect
ory sourceVdir, String destPhysicalDir, Boolean topLevel)
   at System.Web.Compilation.BuildManager.CopyStaticFilesRecursive(VirtualDirect
ory sourceVdir, String destPhysicalDir, Boolean topLevel)
   at System.Web.Compilation.BuildManager.CopyStaticFilesRecursive(VirtualDirect
ory sourceVdir, String destPhysicalDir, Boolean topLevel)
   at System.Web.Compilation.BuildManager.PrecompileAppInternal(VirtualPath star
tingVirtualDir, IEnumerable`1 excludedVirtualPaths)
   at System.Web.Compilation.BuildManager.PrecompileApp(VirtualPath startingVirt
ualDir, IEnumerable`1 excludedVirtualPaths)
   at System.Web.Compilation.BuildManager.PrecompileApp(ClientBuildManagerCallba
ck callback, IEnumerable`1 excludedVirtualPaths)
   at System.Web.Compilation.BuildManagerHost.PrecompileApp(ClientBuildManagerCa
llback callback, List`1 excludedVirtualPaths)
   at System.Web.Compilation.BuildManagerHost.PrecompileApp(ClientBuildManagerCa
llback callback, List`1 excludedVirtualPaths)
   at System.Web.Compilation.ClientBuildManager.PrecompileApplication(ClientBuil
dManagerCallback callback, Boolean forceCleanBuild)
   at System.Web.Compilation.ClientBuildManager.PrecompileApplication(ClientBuil
dManagerCallback callback)
   at System.Web.Compilation.Precompiler.Main(String[] args)
C:\Development\Convergence\Applications\CAP\WixSetup\WixSetupView>pause
Press any key to continue . . .

Answer 1

I know these warning are not related to my issue that is the reason i am not able to understand what is wrong with it. Its a huge application and compiliing takes atleast 6-7 hrs and after that I get error in "copyPrecompiledFiles" method.
I have circular reference issue in application but when I build application in specific sequece, it goes away so after builing application with 0 errors, i execute command to precompile
rmdir C:\Precompiled /s /q
mkdir C:\Precompiled
"C:\WINDOWS\Microsoft.NET\Framework64\v4.0.30319\aspnet_compiler.exe" -u -fixedNames -p "C:\ApplicationPath" -v / "C:\Precompiled" -errorstack
pause