Special trust accounts that can be audited by the division of real estate are required.

The maximum amount that can be claimed is $1.80 per square foot if there’s a 50% reduction in total annual power and energy costs.There’s a partial deduction of $0.60 per square foot for reduction of energy consumption by HVAC, lighting and the building envelope.There’s a partial deduction of $0.30 - $0.60 per square foot for reduction of lighting power density of 25-40%.If I claim the Section 179D deduction, will this trigger an audit?

The DSPC will use this contract summary information for audit purposes to help verify actual guest stays occurring within the annual contract limit.

Typically, they are also much better paid.A Certified Public Accountant is allowed to perform certain duties that regular accountants are not permitted to do, such as preparing an audited financial statement, or acting as a taxpayer or company representative in discussion with IRS Revenue Officers or Counsel.

Environmental reports, physical inspections, contract negotiations, loan negotiations, lease audit, etc.  

Yes - you need to have a time-log.The time log is not required to be submitted with your tax return.However, it is required in the event that the IRS audits you.Best of luck

I understand that the quality of the report could be higher or they have more experience defending successfully against IRS audits, etc. but am I missing anything else regarding total depreciation calculated?

Of course, he argues and told me Quickbooks was better than my software, but when I had a major IRS audit a few years ago, my son and I had to compile (put together) our records into one separate file for the IRS.I was surprised to find that, unlike myself, me son saved every paper receipt even for things like when he paid cash for one 49 cent stamp.

That will be interesting if the irs ever audits you since you are claiming to be a landlord of a property you don't own! 

Now I'm more knowledgeable and can shop around.The Fed is looking to hire 87,000 new IRS agents and over half of all audits are on people making less than $70,000 a year.