Take the copy and black out the private expenses to the bars, strip joints, massage parlors, X rated site memberships and other personal expenses that you may not want aired to any auditor, leave the amount of the expenses so that the statement can be audited as to balances, the statement is your receipt of payment and it balances to beginning and ending balances.

**disclaimer: I am a commercial energy auditor and work in the residential sector as well**One thing that all landlords and property owners should do is call their local utilities and see what energy efficiency programs are offered by their utilities.

Auditors here are in regions of the state, they try to get to everyone every 3 to 4 years, if issues are found the frequency of audits goes up.

nice looking property.....I looked it up on the auditor website. ;-)Are they normal rentals or Section 8?

Provided them with name, auditor mailing address, and the property they own.  

Currently I'm a full time auditor.

Run a search on your auditors website for duplex and triplexes.

My concern is that the property taxes will only be at this level short term and then go back up and ruin the cash flow.Thanks Most everything you need to know about the taxes on a particular property can be found on the Cuyahoga County Auditor website.

I don't see how they could audit or investigate.

Depends on who catches it as I mentioned, if it's auditors or bank examiners, bet on it.