What should it cost?

@Kerry Baird Love hearing about others taking advantage of cost segregation studies.

I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.

It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price 

They use leverage in some of their funds, which can increase returns, especially if they have a low cost of capital (but potentially increase risk and trigger UBIT issues).

Then, at death, the property’s basis resets, effectively erasing the accumulated depreciation.

Cost vs.

You’re on the right track—build awareness of costs where it directly impacts their role, but don’t overcomplicate the program with factors they can’t control.

Here is a comprehensive guide to help out-of-town parents navigate the process effectively.1.

Does Hard Money typically cost 30-40% of the purchase price??