For the folks that are tax savvy or have been audited, I wanted to know if just submitting an annual statement from the utility providers is acceptable in audit or if I need each individual receipt?

Chapter 5313: LAND INSTALLMENT CONTRACTS5313.01 Land installment contract definitions.As used in Chapter 5313. of the Revised Code:5313.02 Required provisions of land installment contracts.5301.25 of the Revised Code and a copy of the contract to be delivered to the county auditor.5313.03 Biannual statements furnished to vendee.Every vendor under a land installment contract shall, at least once a year, or on demand of the vendee, but no more than twice a year, furnish a statement to the vendee showing the following:5313.04 Vendee to enforce chapter provisions.Upon the failure of any vendor to comply with Chapter 5313. of the Revised Code, the vendee may enforce such provisions in a municipal court, county court, or court of common pleas.

I've got bs full of assessor/auditor/recorder data.   

I track several streets in my marketing area through the county assessor and auditors office.

I can't tell you over the last couple of years the amount of time and energy that has been spent going round and round with accountants and auditors about taxation's applicable rules.

I have several birddogs and a gentleman who is a insurance auditor finding deals for me.I will keep you in mind as well Ursula

I'm no tax expert, just an old regulatory auditor, accountant and finance guy.Charles, who posted just ahead of you is a CPA and investor who, so far has given solid advice on PB.

Funny thing just talking with an investigator/auditor from the Real Estate Agency and he reaffirmed that if you don't actually buy the property that you can't reassign the contract as is typical in wholesaling.

Bill,That is from conversations with several IRS Auditors and appeal agents.

Get list of delinquent taxes in your countyGo to county auditor/assessor/recorder and look up property card, etc.