maybe only be extra $40,000 to build open loft... and I would guess I could possibly charge $2000/mo rent, not sure>>***I was kinda crunching numbers...if I'm estimating it correctly it will take me over 4.5 to 6.5 years in excess rent to make up the cost of building the private loft.....does that seem worth the extra loft cost?

This is definitely not correct. 

Your current CPA is correct.

Great episode with Florida commercial real estate developer Joshua Pardue! Check it out on Spotify

Estoppel letters are signed by each tenant and counter-signed by the owner as true and correct.

Obviously, they should use the correct type of paint when they do it.

If I'm wrong I'm sure someone will correct me. 

Hey @Andres Triveno, this is always a loaded question and there are different answers.I agree that most often what @John Underwood and @Collin Hays said is correct.

Their argument, if I understand it correctly, is that I have two buildings on the property.

Doing nothing may be correct for one person, and engaging in a complicated entity structure may also be correct for another person depending on the situation.Each real estate investor/professional has different risk tolerances, different levels of savvy, different abilities in terms of bookkeeping, different estate plans, if one has an estate plan at all, and different relationships.