Disclosures

Educational information only

Everything on this site is general educational information about college funding, tax planning, real estate and insurance strategy. It is not tax advice, legal advice, accounting advice or personalized investment advice, and it does not take account of your particular circumstances.

Nothing here is an offer to sell, or a solicitation of an offer to buy, any security or insurance product.

Tax treatment

Tax outcomes depend on your own facts and on tax law as it stands at the time, and tax law changes. Descriptions of depreciation, bonus depreciation, cost segregation, material participation, 1031 exchanges, step-up in basis, 529 withdrawals and financial aid formulas are simplified summaries, not a complete statement of the rules. Confirm your position with your own CPA or tax attorney before acting.

Examples and figures

Any numbers shown on this site are illustrations of how a mechanism works. They are not projections, guarantees, or a representation of what any client has received or will receive. Where a figure comes from a specific property or study, it relates to that one property in that one tax year. Individual results vary.

Investment and insurance risk

All investing involves risk, including the possible loss of principal. Real estate values can fall, properties can sit vacant, and rental income can fail to cover mortgage and operating costs. Borrowing increases both potential return and potential loss. Short-term rental income depends on local regulation and on travel demand, both of which can change.

Life insurance policies carry costs, charges and surrender periods. A policy illustration is not a guarantee of future results. Any policy loan reduces the cash value and the death benefit, and a policy that lapses with a loan outstanding can create a taxable event.

Third parties

Legetty coordinates specialists across college funding, tax planning, real estate and wealth planning. Those specialists are separate businesses responsible for their own advice, services and licensing.

Questions

If anything here is unclear, raise it with us through the contact page before you act on it.