Taxes have to be paid, so does insurance, what about maintenance? 

If not, you'll likely need to sign at the US consulate/embassy... and those appointments often need to be scheduled well in advance.

Are there any Depreciation recapture or capital gain Tax dispositions that need to be resolved with the exiting member?

Have any idea about Gift tax in NY?

You can always use a software like Turbo-Tax and follow the prompts.

Taxes: Be aware of potential transfer or capital gains taxes, depending on your state.4.

(As AZ and your current state will fight over who gets to tax your gains with the federal government.)I have to throw most of the shade on your horrible tax guy/cpa who didn’t tell you renting it out was a $50-$100k mistake. 

Areas near oil production hubs could experience economic booms, creating localized opportunities for real estate investments.Beyond these broader economic initiatives, Bessent has been vocal about extending or even expanding the 2017 Tax Cuts and Jobs Act (TCJA).

You need to have the income and tax liability to support the depreciation.

My payment with insurance & taxes is $1425 a month.