I had downloaded all of the ledgers from the online portal .4 days after the relationship ended we started the process of auditing each property.

This can get pretty complex, pretty quickly, so just keep that piece in check for audit documentation and make sure you have good records on all of it.

The size of your tax return, whether it’s 250 pages or more, doesn’t inherently increase your chances of an audit.

The IRS requires a very detailed mileage log, so if you are ever audited, you run the risk of losing your mileage expense if you simply estimate.

Proof of Services.Be prepared to provide proof of the services performed and hours worked, especially if the IRS requests this information during an audit.6.

You will not get audited due to land values you report on your tax return.

Chris Voss calls it the Accusation Audit, where you start out by listing all the problems and costs, and then ask how can we get this done.Every deal and seller are unique, and the goal is to find out their motivation and how you can solve it, quickly.I would definitely re engage the broker in the week to come to see the activity on the deal, and if it has tradedGino

Because that is actually how we communicate with the IRS - only through our tax returns (until audited of course. 

You have FAKE "deals" on your marketplace, and after I had to reply back to you on voxer and make you realize I am not some dumb fool over here, you then told me, "My team did an audit and took down the ones that are outdated, thanks for letting us know."

Also remember the time these returns will take to amend along with the possibility of opening up audit periods/red flags with the IRS due to amendments.Doing this yourself on turbo tax likely won't be your best bet considering all of the details.