If existing houses are cheap relative to land and constructions costs, and supply is high, it may not be worth developing even if the agency says "do whatever you want".

If you're confident in your comps, it may be worth discussing with the appraiser or lender to see if there's room to provide additional context or request a review. 

They might be worth looking into.

This seems like a lot of work to save 15% of $35k in taxes (Less than $5k.) especially if you have transfer taxes or title insurance, or you convert your long term 15% rate in to your son’s regular income tax bracket.I hate paying taxes as much as the next guy but this lemon isn’t worth squeezing.

Most of the time not worth it on a house.

hi @Alvin TaverasMortgage Broker here, i've been referring clients out to Credit Unions for their HELOCs. we have a handful of lenders that can do them, but i'm finding the juice is not worth the squeeze in the broker/ wholesale world.

What would your CF look like and would it be worth the extra investment? 

He probably makes over $1 million a year and has a net worth of $10 - $20 million.

Joshua’s point about local taxes and solo 401(k) options is spot on—it’s worth discussing with your tax advisor for a tailored strategy.

It seems quite buggy and perhaps not worth the hassle.