Do you meet with us routinely to be proactive and do planning?

It's been WELL worth that to me. 

A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.

Thank you so much for taking the time to respond.Here’s where I’m at in my journey:I don’t plan to rush into purchasing my first property.

I plan to use it as a rental property, but I'm concerned about the location—Bullhead City, Arizona.

My plan is to maintain the status quo and benefit from annual rent increases and equity gain as the tenants' rent covers the mortgage.

well as they say  Rank has its privileges.. 

Are you planning to build, hold, or flip the land?

.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.

We never planned to keep our new build for 30 years, which is why we would have never used your cap ex valuation.