Tax Assessment – tax assessment for the property in question shows Land @ $48,920 and Improvement @ $174,300 (or a 22%/78% distribution from the total tax assessed value of $223,220).Wouldn’t be fair to use the $174,300 valuation as the basis for the CSS?

I have read Amanda Han's tax book (first book) and started on the Advanced Tax Strategies and don't really see this mentioned. 

It's known for it's strong appreciation factor, low taxes, and also because it is a land-lord friendly state.Have you invested in the Cleveland or Columbus market before?

I wanted to form a new multi-member LLC Taxed as a Partnership. 

I didn’t change anything to the house but again decided to rent it out completely while I live abroad to take advantage of tax breaks.

Generally, the location isn't as important as finding a tax professional that is knowledgable.

The increase in cash flow you will get when it is paid off may be great enough that you want to keep the property, either monthly, or you can always cash out refinance and take out a larger lump sum which is tax free and just let the tenants pay it down over the course of the next 20 years but this time with a manager so you’re less involved.

I owe $454k on the mortgage and after realtor fees/closing costs, i could net $200k with no capital gains tax. 

Most of whom work remotely assisting Real Estate investors with their tax planning and accounting. 

Land trust does not work.. there are tax implications to both parties when you GIVE back the property .. keep in mind and I have not seen one person address that..