25–40% valuation discounts on gifted family wealth.
Transfer assets (real estate, businesses, marketable securities) to an FLP. Gift limited-partner interests to children/trusts. Because LP interests lack marketability and control, qualified appraisers apply 25–40% valuation discounts — you gift $1M of value using only $600–750k of your lifetime exemption. Combine with GRATs or IDGTs for compounding leverage.
Click Generate advisory deep dive for mechanics, IRC citations, a step-by-step execution plan, a worked numeric example on your profile, costs, risks, and this-week actions.
Multiply the $10M §1202 exclusion across multiple trusts.
4% corporate tax + 0% capital gains for bona fide residents.
Stack the $500K primary-home exclusion on top of a 1031 deferral.
Convert Traditional to Roth during sabbaticals or business-loss years.
Capitalize property taxes and interest on undeveloped land.
Deduct now, control forever, employ heirs.
Ordinary loss (not capital loss) on failed small biz — up to $100K.
Buy leveraged real estate inside your IRA — tax-deferred or tax-free.