Additionally, subdividing could impact your tax situation, so it would be wise to consult with a tax advisor to understand any changes.Overall, both paying off the loan and subdividing could be beneficial moves, but make sure to weigh the short-term costs and consider your long-term goals.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

Always consult with your tax professional first to see if a cost segregation is necessary.

Of course Gene,Your losses offset your gains.You can even carry losses into future years.Please consult with a tax professional though ;)

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

Yes, you can I offer hourly consults.  

Over the past 10 years, my focus has been on building a business consulting company, but travel has impacted my young family.

It sounds like you will need specific experience in you area and/or consulting with an attorney to be fully sure

Consult a CPA who knows what he is doing and file this:  Notice of Inconsistent Treatment I have done this several times for investors who got screwed by the GP. 

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.