I have made a career of telling people no and not worrying about it because it's the correct answer.On the inside, the core value I push the most is family.

A couple of things in regards to saving on taxes by utilizing depreciation correctly.

But hopefully it sells quick this time around.As far as Owner Finance, I have tried a few times but not sure if I am structuring it correctly.

Your current CPA is correct.

This is definitely not correct. 

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?

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.

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

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

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