With counterfeit bills and having to count it out having the liability of losing it or theft , it seems pointless

I understand that the use for "commercial purposes" of said records may also violate the rights of the individual(s) named therein and may subject me to liability for such commercial use.

I don't think you would want that liability.. missing diget or toe because of miss use and you provided the lawnmower I can see this being an issue. 

I was simply stating that after expenses I have zero tax liability for IL tax.

(Dealing with a tenant/buyer or lending on a consumer side, this is predatory lending and dealing, but not in commercial lending).If there is an issue with subsequent financing, ask the lead lender to allow it, they really can't say no without taking on a lot of management liability causing a company to go bust with a choke hold on their business.

They countered at ZERO dollars if I was willing to let them quit-claim it to me and transfer all the liabilities from the city court cases to me.

Insurance/ liability is quoted at $5000.

They never told us this before we asked to take over managing the property so we're wondering if they are trying to drop all liability in our lap.

We have concluded that electric heat is a liability and we are only buying gas fired units from now on.

Below I have listed my coverage and insurance premium.Coverage A - Building(s) $454,000Coverage B - Business Personal Property $20,000Coverage C- Loss of Income - 12 Months [actual loss sustained]Coverage L - Business Liability - Per Occurrence $500,000Coverage L - Business Liability - Annual Aggregate $1,000,000Coverage M - Medical Expenses $5000Premium - $2,100Ask:1.