A Roth IRA Conversion lets you convert funds, pay taxes upfront, and withdraw contributions tax- and penalty-free after 5 years, offering a longer-term solution.This post does not create a CPA-Client relationship.

The guy is a "lease-option" guy (plenty of posts here on him) that decided to jump on the land band-wagon & it shows.Feel free to reach out to me if you have questions. 

Hopefully your post gets some local eyes on it and you get the numbers you seek.

Thank you for posting this.

And, at that time and place, it would arguably be silly NOT to do so. 100%.This post was biased towards San Francisco, and California more general to include Los Angeles and San Diego, today in 2024.

.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!   

We do a post-closing appraisal on 5+ unit deals, so we can help with a bridge loan for the acquisition and close within a week or two.

This is a long revived post- I'll add a little tax pro insight from what's happened in the last 2 years The IRS went from < 100 engineers on staff who were qualified to audit cost segregations to a few hundred. 

I was surprised to read your post.  

Old post but I figure I would comment here... my Company, Maven Cost Segregation has done studies on projects like this.