To avoid reducing your lifetime exemption, you could gift equity incrementally, but this requires proper legal structuring (e.g., fractional ownership transfers).

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

We closed on the construction loan June of 2021, the permit came through Nov of 2021.

The two value propositions are not even close.

Further, the system has been modified to be very robust for real property as well as notes.There are three main areas of the platform1. in house use - "deals" are inputed into the system allowing access to all documents, deal status, remaining work to close, pricing, etc to both my partner, my self, and both of our other 2 employees.  

Let’s be real: Not every deal is going to close. 

If you are not out by the deadline or the property is damaged, this agreement will be void, and the Landlord will pursue legal means to evict and collect all unpaid rents, plus any other charges owed."

My wife and I just closed on our first home, which is a duplex in the San Antonio area.

Did you close this with a hard money loan?

Consider balancing liability protection with administrative costs, and consult with a CPA to align your structure with your financial and legal goals.This post does not create a CPA-Client relationship.