Unless you cheat by reporting things incorrectly, which is easier to hide inside a partnership LLC.

Get a list of recent inspections and permits to make sure the new roof and such were done right.Check with police if any reports for the property.What's included in the seller's expenses?

@Rud Sev Your Section 1231 losses from the sale of rental properties were likely correctly reported on Form 4797 (Part I) as ordinary losses, allowing them to offset all types of income.

They typically have soil scientists in-house that can analyze the soil for you and provide you with a detailed report of the conditions and give you recommendations on how to prepare the soil for construction.

Michael, I appreciate your report-back here.

@Mary Jay why did you report it if there was no loss coming out of your pocket. 

If so, there may still be a chance to include them in the appraisal report.• Sales Recency: Did any of the comparable sales close more than three months ago?

Title co reports to IRS, and you probably going to hit a snag when all your basis is $0 on every deal and every deal you do has big profits. 

I have had several Colorado LLCs (single member LLCS with one single family residential rental per LLC, so very small-time) for a decade, and always file my periodic report so am in good standing with the Colorado Secretary of State, but have only just heard that I need to file a BOI report before the end of the year.

Each time reported to local pd which is surprising only two blocks away.