I dont really waste my time with any of the estates that have no letters of administration yet.

To protect your assets, creating a separate LLC for the third property would better isolate liability, though it adds administrative and insurance costs.

Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

During RLT administration (after the death of the grantor), it is common for Trustees to liquidate/convert stocks or other capital assets shortly after the death of the grantor.

This is a challenging case, because it does feel as though you are dmaned if you do and damned if you do not - Carlos, I really like your thought approach, you do not give the necessary capital call you are 90% risk of losing, you give the capital call you slightly lower chance of losing - but still feels like a tough hill to climb Our team at Smartland purchased all heavy value add through-out the same time period, large multifamily - we went into with a strong basis an arsenal of capital to do the construction work and kept one focus, get through the business plan, renovate the units, but this had to be done in a very high velocity as fast as the interest rates were rising, we felt the need to press hard on the construction gas and work through units  - so if we were faced with this climate that we are in now and interest rates do not soften we would not be deep in construction but rather focused on  administrative costs controls and lease-up.

What they dont like is my 124k student loans on  administrative foreberance by the Biden administration.

I dont think there will be a trail or anything like that.. its mainly administrative

Many investors wait until they've acquired a few properties to avoid the costs and administrative work.

For the use of my funds, I charge you 2.5 points which amounts to $3125 plus a small administration fee of $495 to cover my wire transfer costs, document review and preperation costs, attorney fees, etc.The B-C transaction closes and on the same day, so does your A-B transaction.

However,Working with a good attorney will make the process easier but having a good administrative structure will be critical because there are a number of steps must be followed for compliance...which makes the SERIES LLC a little more involved in setting up your standard entity.Happy to discuss further.