Hi Henry,I'm a licensed loan officer in Georgia, if you need help with anything up that alley, let me know! 

I know this question was discussed many times previously, but hoping that high W2 or capital loss carryover bends the case in my favor to claim this as capital gain. 

Let me know if you're curious about some of our top-performing markets, I'm happy to help!

The only thing about it is that the property hasn’t been very well taken care of, so we know there’s a lot of work to do to fix it.

Just know that if you are moving somewhere to chase the hot market, it will only stay hot for so long.

Do you even know why investors create an LLC, or multiple LLCs?

So far, we have shortlisted Columbus, Orlando, Indiana, Vegas and Rochester.we live in Toronto and we really would like to connect with people like us who already started their journey to know about their experiences and insights of investing in the US! 

@Roshan K.Ya I know it looks sketchy and defeats the purpose of the LLC but I figure if I kept the funds seperate and can prove that they were used for business purposes only it wouldn't be so bad as a temporary fix.

There are limited exemptions such as if you inherited the property where it would be allowed.There are technical means to navigate the 90 day rule but your best bet by far is to talk to the lender and let them know the situation and ask for their direct guidance.  

You should connect with @Brie Schmidt as she knows and understands the Chicago zoning laws, but my gut instinct would be that you would be better served looking into a duplex down scenario.