Some facts of the house:Location: Nassau County, NY, Town of HempsteadYear built:1929Purchase price: 290,000 in 2013Condition: AverageLot size sqft: 5000Livable sqft: 760I'm seeing several houses in my zip code that have been demolished and rebuilt into new houses with the maximum allowable livable square footage selling between $1.0M- 1.2M.Which is a better option taking into consideration, profit and capital gain tax (assuming my household income of 80K)1) Should I sell this house as is at $450K2) Demolish this house and rebuild it without taking out a loan.

There are accountants out there insist that as long as it is a business like arms length transaction that it can be done. 

I am interested in following precedents that could affect my business.

What is your business plan as that will determine if you even need a LLC

Why don’t you become a business broker?

He makes his money by offering his own versions of technology and services that will help you streamline and grow your business.

Even though you are going to be the majority owner, remember that things can get a little wonky in business, and make no mistake, if you have 3 other "partners" in this deal, it is bound to happen at some point.

@Ryan Espinosa Most CPAs are going to be busy next month or two with the tax season - this being one of the most challenging seasons - which is probably why you are having a bit of hard time.

These investors are asking me for a business plan that would include: returns, percentages, equity stakes and more.

I find that many people don’t want to rent for 7 nights (other town’s regulations) in the winter when they are traveling for a wedding, business, visiting family, etc., so it outperforms in the off season because of the lack of decent hotels in the area.