@Michael Anspach, if he does that there's some related party issues as well as the federal interpretation that he is selling to himself since really it is their joint tax return that is the owner for federal purposes. 

I sincerely doubt this new generation will either. 

Thanks again John I sincerely appreciate your time!

And I sincerely don't judge businessmen that negotiate hard. 

Thank you all for the replies, I sincerely appreciate it. 

I sincerely appreciate the input. 

I really do appreciate the guidance and sincerity in your responses.

Sincerely appreciate this start!!

(what I mean by this is that the tax return only reflects the tax planning done during/the end of the year- which is a true value-add).That being said, you want to make sure it's prepared correctly (because a mistake can cost you lots of money- either in lost tax savings, or penalties).If you sincerely believe you can do it, you understand the risks, your situation isn't too complicated, and you are willing to put in all the time, then go for it.What you SHOULD be happy to pay an accountant for is tax planning and strategies.

Sincerely Alex