@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.

My question is can we create a LLC for her and Dscr refinance our current property into it to free up my dti?

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

I agreed to handle one of their portfolios for free (he's actually still with us nearly 15 years later) if he would build out a system to help us build out the database system.

Hey @Antoine C. shoot me a dm and I will send you our free guide to Memphis zip codes, it will help you begin your search!

However, if you choose to stay there for a bit and sell you'll get the first $500K of profit tax-free if you've lived in it for at least 2 out of the 5 years prior to sale.

Feel free to reach out with any questions, happy to help!

Feel free to DM If you need any additional assistance.

If it pays for itself, it provides you with a "free" place to live during the off-season.

They offer free pre-qualification on their website where you can enter your data points to see available terms and rates.