Turbotax isn't going to educate you so unless you'd like to educate yourself and potentially make some costly pitfalls, then I'd outsource.

I own the property free and clear and i use the equity as part of my business line of credit.

Streamlining Renovations for Efficiency & Cost ControlManaging multiple renovation projects at once demands an operational efficiency that can be tough to achieve.

Please free to reach out with any questions.

It's infinitely harder and much more costly to scale a construction crew than it is to find people interested in buying a good deal (that you'll provide happily).

Hey @Matt Smith 👋🏽I agree that it's not worth renovating the basement - too costly.

Evaluate Property ConditionOlder Chicago buildings often have charm—but may come with hidden costs.

Way better returns on the cost seg than you'd ever cash flow from an LTR. 

For example, with 5% inflation, a $100 basket of goods today will cost $162 in ten years.

Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.If you would like a referral code or more information please let me know :)