That tax assessment basis transfer from one county to another is what I was talking with my attorney relative with awhile back. I didn’t understand it at the time but he was basically going to somehow transfer his tax basis and residence from San Francisco (very high) to Guam (very low). I should have grilled him further for more details. I didn’t understand the process at the time.
As for setting up the LLC with the living trusts and all that, that is way over my head. I keep promising the wife to take a look at it, but it’s been difficult…
