Reach out to your tax advisor, who might be deep in extension tax returns at the moment, and ask to have a consult or sit down.

Ask an accounting advisor if theirs any benefits to one or the other, but I haven't found anything significant beyond if theres a lawsuit, the LLC's state laws can be involved. 

If X later sold these shares for $25.00, they would subtract the original cost basis ($10.00) from the new sales price ($25.00) to establish the taxable capital gain ($15.00) on the stock sale.

Hello BiggerPockets Community,I’m currently in the process of expanding my real estate portfolio and am looking to establish relationships with hard money lenders who can offer the most competitive and lowest rates available in the market.I am a business owner with $1.5 million in verifiable funds.

The key is establishing routines and systems that minimize your day-to-day involvement.By using professionals, keeping investments simple, and managing your time efficiently, you can build your real estate portfolio while working full-time. 

My goals are to provide financial freedom for my future family and establish a sustainable safety net if physical limitations prevent me from retiring from my current W-2s.

Each step my cash took along the path of my plan was established based on how (strategy used), where (market invested in), and when (cash needed to move onto the next deal (the plan).Each step required a specific amount of added cash exiting the deal as required by the next step, so I did deals that may have a cash profit that someone else wouldn't have done because they were looking at a disconnected result. 

@Bryan JeffriesThis is definitely a scenario to discuss with your licensed tax advisor. 

Overall, this deal has allowed us to establish a solid foundation Lessons learned?

You should work with an accountant or financial advisor that is familiar with your specific situation for tax deductions and tax planning.