Assuming a $5 million fully depreciated property now worth $15 million, a tax basis step-up could provide significant annual tax benefits. A $10 million step-up would yield $256,000-$363,000 in annual depreciation deductions depending on the type of building. The document discusses using a tax attorney's expertise to take advantage of a step-up in basis to shelter income and minimize taxes.

1. Assuming a $ 5 Million Fully Depreciated property now worth $15 Million…
Ever Hear of a… Tax Basis Step Up ?
Each $10 Million step-up…. could yield Annual NEW Non-Cash,
Straight-line income sheltering depreciation deductions of :
$256,000 (Commercial Bldg)
$363,000 (Apartment Bldg)
Howard Francis, VP Business Development, (650) 449-6888 PST, Howard@ProfitsUSA. com

2. Issue Our Expertise with or without 1031 1031 without our Expertise
1 Negative Basis Yes, and fix negative basis later.
Yes if financing or increase the basis to
0 and do exchange
2
Depn Step Up on
entire purchase
Yes to extent installment sale is used No
3 Financing Not Critical Critical
4 Risk
Low. Unlimited time. No leverage by 1031
exchangers can be used against you.
High. Financing and exchanges must
all come together.
5
Net Income
Goals
Always sheltered when full step-up, whether the
transaction is $12 million or $34 million.
Can never shelter against depn that
won’t be available.
5 Problems with a 1031 or Cash Sale We Solve
Howard Francis, VP Business Development, (650) 449-6888 PST, Howard@ProfitsUSA. com

3. 5 Reasons Our Tax Attorney Solution is better than a 1031
1031 Exchange Tax Attorney Solution
45-Day Time Limit to specify the property you want
to acquire to an intermediary.
If you can’t find anything, opt to use our expertise and take
your time. This allows you to keep your negotiating strength.
You MUST re-invest in a “Like-Kind” Property.
If you can’t find anything, use our expertise and take your
time. Build, improve another property, or invest in anything.
You must reinvest ALL of your money.
This leaves any leftover boot taxable.
If you can’t find something bigger, salvage your boot. You
have the flexibility to invest as much or as little as you like.
You MUST carry forward old tax basis to the next
property, reducing overall future deductions.
When you can’t find the right amount of depreciation, use our
Tax Attorney options to step up the property up 100%.
You must close within 180 days.
If you can’t find anything, use our Tax Attorney options and
take your time.
Howard Francis, VP Business Development, (650) 449-6888 PST, Howard@ProfitsUSA. com

4. Our Solutions vs 1031 or Cash Sale
Howard Francis, VP Business Development, (650) 449-6888 PST, Howard@ProfitsUSA. com
Calculations and Assumptions in values above are within our PDFs you can Download

5. 5 Advantages we Provide on a $10M Cash Sale
If that $2,956,200 in #1 above is invested at 7.2%
Earn 52% more $2,956,200
2
1
3&4
Close of Escrow 10 yrs 20 yrs 30 yrs 40 yrs
Net Extra $2,956,200 $6,060,263 $12,423,649 $25,468,706 $25,468,706
Total $8,635,000 $17,701,906 $36,289,227 $74,393,570 $152,508,162
9.7%
14.5%
22.5%
Deferral Period is Flexible5

6. Traditional
A
B
C
D
Why you are NOT 52% ahead Why you are 52% ahead
453 Tax Deferral Structure
Sales Price $10,000,000
Net Sales Proceeds* $8,835,000
Mortgage Payoff ($200,000)
$8,635,000. Net cash Proceeds
Available to Invest
All Taxes deferred 30 Years
*After all estimated costs including our fees.

7. We Also Add Creditor & Litigation Protection to
our Tax Attorney Solutions
1.) Home: $50,000(Single), $75,000(Family)
• $150,000 (65 or older)
• California. Civ. Proc. Code. § 704.730
2.) Life Insurance: $9,700 single / $19,400 married
• California. Civ. Proc. Code § 704.100
Howard Francis, VP Business Development, (650) 449-6888 PST, Howard@ProfitsUSA. com

8. We were Interviewed and/or Quoted by…

9. 1. CPA magazine ranked Art “1 of America’s Top 40 Tax Advisors”
2. Wrote 25 articles for CPA magazine
3. National speaker for CPAs re CE (Continuing Education) credit
4. Chair of the Maryland Chesapeake Tax Conference
• (Multi-day Continuing Education tax conference for CPAs)
5. Co chaired the Maryland Advanced Tax Institute
• (CPA & Tax Attorney 1 week Continuing Education training)
Arthur Jensen a Capital Gains Tax expert to other CPAs
1. 82% of the FORTUNE Global 500 use KPMG. 189,000 employees worldwide in 2016.
2. 90 US offices in 50 states, 700+ offices worldwide in 152 countries.
3. $8.6 billion US revenue. $25.4 billion worldwide (2016 fiscal year).
• Arthur was promoted in 5 years to the highest non-partner position.
• Arthur served as a liaison between KPMG & the IRS & the US Treasury Department.
KPMG Facts
Howard Francis, VP Business Development, (650) 449-6888 PST, Howard@ProfitsUSA. com

10. Jim Smyth, Tax Attorney & MBA
Law Degree from University of Notre Dame’s Law School
MBA from Notre Dame’s Graduate School of Business
• Recognized national expert on Tax Deferral for sale of Businesses and Property
owned by High Net Worth Individuals.
• Provided Continuing Education credit to CPAs, Attorneys, Realtors, M&A Advisors
• Worked on sales as large as $20 Billion
• Former associate editor of the Notre Dame Law Review
Howard Francis, VP Business Development, (650) 449-6888 PST, Howard@ProfitsUSA. com
Jim Smyth a Capital Gains Tax expert to other Tax Attorneys

11. In 2018 we will Publish
We Published
18,000 copies
Rated 5 on 5 stars
Apple iTunes
Howard Francis, VP Business Development, (650) 449-6888 PST, Howard@ProfitsUSA. com

12. “Over the years Jim has saved
me several million dollars in
taxes. He is easy to work with
and responsive. His unique
capabilities and insight make a
huge difference.”
Walter Robb, Ph.D.
“Jim is one of the most
creative and positive tax
planners I know. I consider
Jim a key go-to person for
high-level, technically-sound
solutions.”
Johnne Syverson, CEO
“Over nearly 20 years, Jim has
loyally and faithfully provided
powerful planning options to our
family and business. We have
substantially more money and
family protection because of Jim.”
Gary Adamson, CEO
Step 1 We answer basic questions and provide your approximate tax savings.
Step 2 Submit your completed Tax Analysis form. Our Tax Attorneys and CPAs analyze it.
Step 3 Our Tax attorneys and CPAs educate your CPA or Tax Attorney.
Step 4 You decide based on your CPA or Tax Attorney recommendation.
Our 4 Step Process & FREE Analysis & Consultations

13. Federal Taxes must Increase 55% by 2022 says US Govt
• Actual US debt is $70,000 BILLION (as of 2012) not $17,000 Billion
• Each 1% increase in interest rates requires the US Govt pay an additional $160 BILLION
1910s 1920 1930s 1940s 1950s 1960s 1970s 1980s 1990s 2000s Avg
36% 44% 62% 86% 91% 80% 70% 48% 37% 37% 60%
Please Submit your completed Tax Analysis form to
Howard@ProfitsUSA.com, Fax (844) 630-8209, Tel: (650) 449-6888

14. Federal Debt increased $513 Billion Annually since 1980
1. US federal government debt was under $1 trillion (1,000 Billion) in 1980.
2. In 2017 it was $20 Trillion - a $19,000 Billion increase in 37 years.
3. $19,000 Billion / 37 years = $513 Billion national debt increase… annually.
In Trillions Increase
Federal Debt Total when
Becoming US President
Barak Obama $7.9 Trillion 68% $11.7 Trillion
George Bush II $5.9 Trillion 101% $5.8 Trillion
Bill Clinton $1.4 Trillion 32% $4.4 Trillion
George Bush 1 $1.6 Trillion 54% $2.8 Trillion
Ronald Reagan $1.9 Trillion 186% Under $1 Trillion
Please Submit your completed Tax Analysis form to
Howard@ProfitsUSA.com, Fax (844) 630-8209, Tel: (650) 449-6888

15. Howard@ProfitsUSA.com, Fax (844) 630-8209, Tel: (650) 449-6888
Please Submit your completed Tax Analysis form to
Howard@ProfitsUSA.com, Fax (844) 630-8209, Tel: (650) 449-6888
America’s #1 Tax Attorneys & CPAs will Teach Your CPA