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. 

Can I deduct the closing cost in my rental property taxes for 2023.

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. 

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

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.

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

Even if you don’t ask your servicer to cancel PMI, in general, your servicer must automatically terminate PMI on the date when your principal balance is scheduled to reach 78 percent of the original value of your home.

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