You will never pay more tax in recapture than what you originally deferred, assuming your personal tax rate stays the same.

Others may have personal experience to share.

If possible, visit some of them in person.

You can also read our current and past issues on our website or attend our in-person events around the nation to meet us in person. 

The downside will have more to do with your business personality.

I'm currently working with an estate planning attorney and she said she said we could put the LLC in the Trust but said she was not the best person to advise on the pros and cons of that and that we should talk to a business law attorney.

Rentals are extremely difficult to make pencil right now but would only personally consider higher end projects because the costs are far easier to absorb than trying to build in lower value neighborhoods.

This process is done immediately if there is an asset they can show....the wrap note that is an asset.One of my coaching clients is selling his personal residence like this after he gets done with his forensic loan audit so that he can downsize.

RELATIONSHIP WITH YOUR ADVISORS 🤝Good QIs:Work well with your teamRespect professional boundariesCommunicate clearlyStay in their laneRemember: The best QI relationships are professional, not personal!

Personally as long as the building didn’t flood I wouldn’t care.