Turbo-tax is a software that has different versions(the more advanced versions allow for more capabilities and forms to be completed).The software, like any other, is only good as the input.Garbage in, garbage out.If your tax return is simple, someone with only W-2's and a few interest /dividend accounts, I think a software like turbo-tax is great.If your return is more complicated, I would consider working with an accountant.

a simple drive by would have probably shown the property was in the HOOD..

I think I could make a return 1,000+ pages if I really wanted to, for whatever reason, for a simple small business owner, and 90-95%+ of the return would be useless/unnecessary.

Thats simple , sell the teenagers . 

(Really, if you feel the need for an LLC, just form one where you live and/or where your property will be and keep it simple.  

Is it as simple as signing paper work to transfer it or does she have to legally sell it to my LLC and if so what would we be looking at as far as being taxed on it?

I do know that the pricing varies based on the unit count as well as what level you sign up for; but overall, it's super user-friendly for tenants, PM's & owners.Plus they're always updating their software and adding new automation features to make everything so simple as well as well as great customer support. 

I know how to get fantastically accurate estimates for simple single-family deals but was wondering if anyone had advice on where to start for running numbers for 50+ unit deals.Also, if anyone has any advice on helpful systems and technology - or for managing larger scale real estate businesses to be a valuable partner, I'd gladly listen. 

LLC-A can do a consolidation exchange and purchase a tic% of the new property with all of it's sales.LLC-B can do a simple exchange from it's sale to a tic% of the new property.You can separate by address if you want. 

Real estate is a difficult to implement, but simple to understand business.