KISS - keep it simple stupid.

Better cash flow, but not sure how long it would take to save up for something worth it.Maybe I am overthinking it too much.I know it is not as simple as I am making it seem.So, any advice would be greatly appreciated.

Turbo-tax is a software that has different versions(the more advanced versions allow for more capabilities and forms to be completed).The software, like any other, is only good as the input.Garbage in, garbage out.If your tax return is simple, someone with only W-2's and a few interest /dividend accounts, I think a software like turbo-tax is great.If your return is more complicated, I would consider working with an accountant.

The math looks like this:$150,000 (ARV) x .70 (ARV percentage) = $105,000$105,000 – $20,000 (ERC) = $85,000 (buying price)This formula is commonly used by house-flipping investors to decide how much to pay on a fix and flip.70% Rule: Formula and ExampleThe formula itself is rather simple: Once the ARV and ERC are calculated, you then plug in the numbers.Take a house that has an ARV of $100,000 and needs $20,000 in rehab.

@Travis AndresThe simple answer?

I think I could make a return 1,000+ pages if I really wanted to, for whatever reason, for a simple small business owner, and 90-95%+ of the return would be useless/unnecessary.

Leveraging requires finding the best mortgage deals and searching for the right property with positive cash flow and appreciation potential.A simple example of leveraging is to use as little money as possible on a down payment.

(Really, if you feel the need for an LLC, just form one where you live and/or where your property will be and keep it simple.  

Thats simple , sell the teenagers . 

Is it as simple as signing paper work to transfer it or does she have to legally sell it to my LLC and if so what would we be looking at as far as being taxed on it?