If you are planning on exiting the property within a short amount of time the benefits may not be worth it- I would check with your CPA and/or cost seg tax specialist on it- Michael Blank interviewed a cost segregation expert on his show- episode 23 I believe titled "Save BIG with Cost Segregation for Multifamily Buildings"- they discussed cost segregation on SF + multifamily assets so I recommend checking it out!

In running this business, I come across countless occasions when I could use a lawyer.

It's not a blank check to pay off any existing problems with the title.

No matter how blank your mind may feel, somewhere in the recesses of your memory you can pull out the last three words of what someone just said.

Now we’ll do it on occasion but we require tenants pay to move in and then once we finally are paid we reimburse them.

I have blank contracts in my truck .

Listen to enough @Michael Blank and you'll recognize his theorey that the second, third, etc. deals come in rapid succession as well.

I truly respect that, since I have mulched my own path (where others said travel was impossible) on occasion.

If you are drafting legal documents for the use of another (relatives), this should be done by an attorney, or if you are licensed you can use your states repopulated forms and just fill in the blanks.

Every time I have offered it for a fee on the rare occasion it was possible, folks magically find some other solution.OP, you're running a business.