Term Life Insurance Question · 🏠 Lower Taxes w/ Ryan

Term Life Insurance Question

We're going through the asset protection process with STR Law Guys and life insurance came up as a topic; I do not have very much. Is there any scenario in which we can expense life insurance premiums against one of our properties, or, perhaps a business?

For our eventual Fire Station Tap House project, this has also come up in SBA lender discussions, and we know we'll need additional life insurance (to include key man). However, curious if I added term life now, is there a way that becomes a write off?

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Term Life Insurance Question