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.

Leveraging requires finding the best mortgage deals and searching for the right property with positive cash flow and appreciation potential.A simple example of leveraging is to use as little money as possible on a down payment.

It’s designed to capture all relevant details, including hours worked, descriptions of tasks, and the specific nature of the involvement.

The methodology of the study would not have been able to capture that nuance.Unfortunately, for the last few years, there has been a missed opportunity for Ogden to take advantage of the comparatively lower price points and really cater to smaller pocket books with energy to rehabilitate the old houses. 

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.

(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.  

Thats simple , sell the teenagers . 

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

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?

You could look at doing a cost seg pre-renovation and post-renovation to be sure you capture the maximum deductions for the initial purchase and for the upgrades both.