Was it a gift? 

This stands in direct opposition to a capital intensive industry such as manufacturing where employee and owner skill may be less important than the company's fixed asset profile.While S179 is a valid strategy in the attempt to drive a taxpayer's taxable income below the 'threshold amount' so the SSTB receives the un-phased out Sec 199A deduction, a SSTB may not have the investments in fixed assets necessary to drive them below the threshold during the year unless they're already very close to the threshold.Some other ideas for taxpayers owning a SSTB to lower their taxable income:Roll taxable bonds into tax-exempt bonds.Life insurance & annuities.Real estate (it's BP after all).Oil and gas investments.Charitable gifts (including CRTs).Gifts to taxpayers with lower taxable income (powerful option is to gift a percentage of the business to a trust).If a SSTB is well above the threshold, a compelling case could be made that the business should be a C Corp in the current tax environment. 

The small local QI may not be deep enough to handle intricate questions and give you economies of scale cost wise. 

I have a gulf access listing in SE Cape Coral that’s in a seasonal rental program and I’ve been giving the current tenants a $25 Publix gift card for each buyer showing.

I purchased this home from my grandfather and he gifted me over $115k in equity therefore, it was a no brainer.

In trying to figure out the best way to structure a deal for the property, I’ve looked into the idea of her gifting equity and owner financing.I’ve partnered up with two other guys who have raised money from investors and we are looking at other investment properties to continue in real estate.

I've assigned contracts in as little as a week, helped families, saved credit scores, removed burdens, and have received hugs, kisses and thank you gift cards.

I just give him a good discount on his rent, and water him with some good gifts periodically. 

While preparing to for their first purchase they spend all of their time worrying about running numbers, which in my opinion is easy to do once you find a system that works, and they do not spend enough time researching the tenant/property management aspects of a potential deal which are a lot more intricate than running numbers in almost all cases. 

So this just like a double basis rule when you gift a property with FMV Less than the adjusted basis of the donor.