I personally invest in Columbus and know a ton of out of state investors from states like CA, AZ, NY, NJ that like to invest here. 

But knowing its value is key for taxes.IMPROVEMENT VALUE:This is the value of all the upgrades you make to your property – like a new roof or an updated kitchen.These improvements can be depreciated, which means tax savings for you.3115:Filing this form can allow you to claim missed depreciation from past years.Basically you are letting the IRS know that you are moving from the standard deduction to an accelerated deduction.RECAPTURE:It's payback time!

Tax rates are lower than for short-term capital gains tax.Depreciation recapture tax: Filing a noncash depreciation expense can help reduce tax liability.

Is there any flat fee lawyer in Chicago that can help me file this?

The legal method is to file for an eviction and slog through the time-consuming court process.

California Senate Bill 567 (SB 567) allows for "Just Cause" Eviction if a landlord will "Substantially Remodel" a property: https://oag.ca.gov/system/files/media/Tenant-Protection-Act-...

Hey @Patty Mac, I recommend commissioning a tax pro to help with your filing and ask them this question.

Since the Internal Revenue Service (IRS) doesn’t consider child support taxable income, I would not consider it in the rent calculation unless you have a HUD-specific home.According to hud.gov, “[rental property] owners must count alimony or child support amounts awarded by the court unless the applicant certifies that payments are not being made and that he or she has taken all reasonable legal actions to collect amounts due, including filing with the appropriate courts or agencies responsible for enforcing payment.”So, does child support count as income for renting?

A quitclaim deed should work for transferring the property from the Arizona LLC to the Minnesota LLC, especially since both LLCs are owned by the same individuals and no money is exchanged.

Reposting from one of our FB forums:Homeowners who need to file insurance claims - read on.