Just say no.I would almost never do this trade unless all my downside, including potential unknowns, were completely compensated for. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Say that $500k is invested in a new trade or business - now it is business interest expense. 

For those more entrenched in the Denver development market than I am, is this a fair trade for the city and for the developers?

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

They’d rather just trade toys on the sly and call it a day.3.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Are there other legal or financial consequences I should be aware of?

@Caryn Fischer  The downside of gifting or selling property to your children is that it can have capital gains tax consequences.

As a result of being federally charged with these crimes, you may face monetary fines, penalties, prison time and other consequences of Equity Skimming.Equity Skimming and related penalties of sentencing are detailed in 12 United States Code USC Section 1715Z-19.