On the day of the audit, the IRS auditor showed up at my CPA's office at 9 am.

The long and short is, if you are offering brokerage services, you need hard/physical office space that theoretically an auditor can walk into and inspect files - You cannot use a P.O.

(Auditor's value is $79,030) I have a credit score of like 705 and my gross yearly income is $23kI have checked a few other banks but they were having an issue with not owning the house for over a year.

So if I was rehabbing Unit 4 and the water heater went out in the common area, I would expense the water heater.It boils down to how strong do you think your case would be when explaining it to the IRS auditor.

Auditors would look at many things to determine what the investors intent is/was. 

Blessed be the auditor for (s)he is charged with finding the money.

For each entity I own, I think I pay an average of $850 to $1800 every year with the exception that audits are billed at $250 per hour when meeting with auditors ad his office.

We bought an SFH home, and it is being sold as a 5-bedroom, but the county auditor side has it as a 3-bedroom. 

I am a Accountant from The Ohio State University taking a few classes finishing up my senior year, while doing so I will be working at Ernst & Young (EY) as a Auditor, I have been working as a Auditor for around the past year while in school however for a different company. 

The list of promoters and auditors included in the accusation keeps growing including someone with last name of "Rockefeller".Just saying if you promote something (especially if it's your own fund), the SEC may get into you.The case is still going on these days.