@Claude Diehl,You don't need a CPA or tax expert here; this is a straightforward transaction.

So multiple eyes and local expert providing local cost and input on lifespan.Here is an example that has a part that is more expensive in my market than other markets (unlike most parts that are the same everywhere, so in this case your cost should be significantly less due to both cheaper part and cheaper labor): $1600 40 gal water heater installed (this is good price for a plumber, a little high for a handyman) with expected life of 12 years (i have some that go 20 years and some that die in less that 10 years (mostly rheem die in less than 10 years), 12 years is fair life expectation

Walk away from our expert-led 8-week virtual summit series with the confidence to tackle the challenges and seize the opportunities that 2025 has in store.In signature BiggerPockets fashion this is meant to give you actionable, educational, anti-guru, data driven insights for how to start or continue your investing journey in 2025.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Just invest with an expert.  

He hosts a number of great networking groups, all in MO now but as he said, they draw investors from IL too.  ...and he's my Cahokia expert / go-to guy!

You can rely on the experts to assist you. 

Our local REIA is hosting our next meetup on January 9th and we are bringing in legal experts to help investors better understand the implications of Good Cause Eviction.Here's the link to register for your seat:https://www.ffreia.com/Events.aspx?

Although not a an Airbnb Expert as I once was but from making good money on airbnb in the early years and being a landlord most my life.Keeping it Simple.

Instead of throwing your deal out to a bunch of strangers on the internet, I recommend you do your research to find a local expert with 20+ ACTIVE years in real estate in your market.