1. Your new clients, Doug and Denise, are siblings and own a very successful real estate development company, D&D Ventures, which is organized as an LLC and has been in business for six years. D&D has always been an aggressive, growth-oriented business and tends to be highly leveraged. Last years (2020) gross income for the business reached $30 million, which is slightly lower than it had been in each of 2018 and 2019. Denise called you this morning to chat about a new opportunity theyve been presented to pick up a large apartment building for just $100 million, and even better, the owner is willing to provide 100% financing. In the past, interest and depreciation expense deductions have kept Dougs and Denises tax liabilities low, and they expect you to keep this trend going for them. Specific to these two deductions and your clients expectation, outline your biggest concern about this possible investment and any options they might have to maximize the deductions. Since we did not discuss them, please ignore any CARES Act temporary relief provisions that might apply.