@Nathan Becker one thing to consider specifically in TN is the F and E tax as it relates to LLCs.

I assume you filed a schedule E.

@Roy Gottesdiener - I am not familiar with the rental market with Kings Mountain specifically, but there is grow happening in that area with the building of the Catawba Two Kings Casino. 

Vegas is a larger market with more new construction, they are getting more sports teams, and trying to diversify the economy past casinos. 

I can forsee selling real estate you don't own starting to get on the radar there is just too many people being talked into it and doing it.. and then posting on Craigslist.. and I have never seen a add for a contract.. every single e mail I get or add I see is just what an agent would do. picture of house sq ft bd ba etyc etc..

I've heard $50, 35, 40, etc for turnkey rule of thumb - shell, utilities, foundation, M&E, paving, etc, basically everything but land. 

@Roger Casanas send an e-mail to [email protected] and they will get the ban lifted.

The Casino was packed but not many people shopping around the town or at the beach.

The transfer should be a credit to the bank account, but the debit should be to Loan Payable for the principal amount and interest, and the rest to insurance and taxes.The LLC is a disregarded entity for IRS purposes and uses the owner's Social Security number to report on Schedule E, page one.

I'd use a Schedule E for my tax return listing this condo property on its own page.I believe we (in Indiana) are a community property State.