Moving forward blindly on that deal would have put our investors money at risk, which isn't an option, so WE took a $60k haircut to prevent that.

If your donation exceeds this limit, you may be able to carry forward the deduction to future years (up to five years).Forms & Documentation: Be sure to file the appropriate IRS forms (such as Form 8283) for non-cash charitable contributions.

Wishing everyone the best moving forward!

I've seen clients just opt to build an ADU rather than go forward with a full lot split for several reasons. 1.

I encourage your friend to forward the unredacted prom note to the SEC via this link https://www.sec.gov/tcr Click on Submit a Tip.

For the most part, most lenders are going to be relatively close in cost assuming we are talking about a straight forward loan product, we all borrower from the same pool of money to make these loans. 

Britt,My firm has evaluated some smaller properties (under $500k) in the past for cost segregation, and it generally does not cost justify moving forward, since the benefits are small, and typically the tax liability on the income is minimal if any.

My purchase is not contingent on financing, and I genuinely want to move forward with buying this property. 

Looking forward to seeing where your investing journey takes you!

Now, moving forward he offered for us to take it over completely.