We have filed for eviction and the tenant has filed a law suit claiming false allegations.

He also claimed to tithe 10% to his church in Chattanooga - Silverdale Baptist Church.

I don't have functions where people go to a low or no fee seminar making wild claims and trying to suck them out of 40,000 or more ( talking in generalities not a specific company ).

Rents were already maxed out at market rate but they were claiming they had a lot of upside potential, when they didn't.

It looks like the only thing she doesn't claim she owned was mobile homes.   

@Becky Hoffman If one member of the LLC does not care to have any claim to the property as you describe why can't the partner merely be removed from the LLC.

If the spouse does not sign, it could complicate any future claims on the property or the loan.2.

From my basic understanding it would make sense to change it to a rental and then do the remodel so I can claim depreciation on my cost, is this correct or not? 

@Richard NguyenHere are some of the downsides of putting real estate into a self directed IRA or 401k.No tax deductions: You can’t claim deductions for property taxes, mortgage interest, depreciation, repairs, improvements and other property-related expenses.Property expenses: All expenses, repairs, and maintenance costs must be paid with IRA or 401k funds, and you must pay others to do repairs and manage the property.

I think that is in the settlement claims phase.