Hey @Batool Hussain, As accountants on BP, we are not allowed to self-promote.

The good news as a buyer is that it's a slam dunk health and safety inspection item objection.

Hey @John Gonzalez, As accountants on BP, we are not allowed to self-promote.

California has specific mold laws - I suggest you read up on themCalifornia's "Toxic Mold Protection Act of 2001" authorizes the state's Department of Health Services (now called the Department of Health Care Services) to set permissible levels of indoor mold exposure for sensitive populations (like children, or people with compromised immune systems or respiratory problems).

It is illegal to promote a property without having it under contract, which must include a marketing clause and "and/or assigns" language in the contract.

I could sell these assets today and BOAST of a high IRR and equity multiple not to mention receive about $1M in GP promote for doing so. 

Current scenario:  One of my family members has a health issue and we would like to purchase a residence closer to the rest of us. 

Hey @Jalen De Leon,As accountants on BP, we are not allowed to self-promote.

_____________If Yes, please provide a statement from a health or social service professional indicating that you have a disability and explaining how the animal is able to do work or perform tasks that alleviate one or more symptoms or effects of your disability.If No, please provide a statement from a health or social service professional indicating that you have a disability and how the animal alleviates the symptoms or effects.Please attach statement with any additional information and contract information for the professional completing the statement._______________________________________ _______________________Signature of Person Making Request Date_______________________________________ _______________________Signature of Person with Disability Date

It basically functions as a stepped up Basis to your Heirs.If the Appreciation is significantly more than $500k, I would say it makes a lot of sense to look into some sort of Capital Gains Tax mitigation.BUT, is there a risk that one or both Parents may wind up with costly health care at end of life which may confiscate the Asset?