Hi friends!
Looking for help and suggestions- I want to say I have learned my lesson and now know to use a third party to hold funds.

This is my first time working with a private lender/family member. This is my ...

You have to complete Schedule E if you have rentals.You should check if the turbo tax premier version allows the filing of Schedule E.With that said, using a software like Turbo Tax will assume you to understand what is deductible.If you work with a tax professional, you are more likely to have an accurate return.

Quote from @Mike Hansen: When out of state investing, how does one go about appealing their tax assessment?

@Philip Beckwith typically in Michigan, you can only do a tax appeal in February.The instructions will be on the back of your winter tax bill.You will need to have great comparables to challenge the City Assessor's valuation.

A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.

However, once you decide to hire a true tax professional (and not one from AL), you will discover that your $1,500 tax preparation price without a partnership suddenly turned into a $3,500 price with the partnership.

Anyone have experience using Turbo Tax Premier to do their taxes having investment property(ies)

On top of that, hiring tribal members for construction or operations could qualify for employment-related tax credits.

Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor.  

The rates vary throughout the State because of the different millage rates and tax districts, but in Richland County for instance, the taxes essentially triple once it goes from legal resident to non legal residence.