I know, I rarely am on here now, due to lack of time.

@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.

Make sure the location is safe first.  1.  

One thing that I screwed up a few times was this - don't do everything the way YOU like it, try and think like everyman....

Hi nice to meet you and thank a bunch this  information is so helpful i have yet to close my first wholesale contract need guidance 

i have my tenants switch out their air filters 4 times a year at least

I think my first step is just to hit them back with a long list of questions trying to figure out why they are even interested and how it would make sense for them.

We discussed this in an earlier post.Obviously, if loans are being made without any provision in the Operating Agreement, it’s time to get in touch with your State Securities Protection Division - usually a part of the State Attorney General Consumer Protection Agency.

These people don’t have the time to do it themselves.

🌳 Eastfield Park: Mecklenburg County’s First Adventure Park!