Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

My plan would be to keep the front waiting room as a small commercial space and the back offices as efficiency units or studios. 

I'm hopeful this results more so in DOGE finding more efficient and effective means of outsorucing government functions rather than blankety reducing the positions.

If it’s the latter, then you’re going to need to devote an immense amount of time and energy to becoming a full time agent.

You'll have to look at the income and expenses to predict whether your cash flow will improve.

A post on recapture.People are concerned about recapture when they cost segregate their improvements and for good reason.Recapture is real, and those deferred taxes will need to be paid.But fear not!

Some will be more efficient than others.

As a realtor, investor, and owner of a construction company in College Station, Texas, I understand the importance of having trustworthy and efficient workers.

They will improve, but never "pop."

Well that's time interest and energy, but I was referring to the Windsor knot 😀