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26 September 2024 | 1 reply
While you may get a 199A deduction, you are paying a high tax rate.If we are talking about REIT's listed on an exchange, there are additional overhead costs as you mentioned - You have to get audited financial statements and also comply with certain SEC laws.
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9 October 2024 | 312 replies
Private placements have no investor protections, audits, and public disclosures...they are the wild west of investing.
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23 September 2024 | 19 replies
It sounds like I'm begging for an audit lol.
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17 September 2024 | 6 replies
We don't do an 80/20 or 70/30 rule as it doesn't give you any ground to stand on if ever audited.
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17 September 2024 | 4 replies
Some form of contract or option agreement that I was looking for specifics on that would pass muster with audit or legal around the property being a temporary asset.
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17 September 2024 | 11 replies
Unfortunately, that won't really fly in the event of an audit.
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16 September 2024 | 7 replies
Its up to you, you could challenge it, 99% of Accountants want to avoid any chance of an audit.
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15 September 2024 | 2 replies
First, one of your tax returns has to be flagged for an audit.
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18 September 2024 | 67 replies
Not sure how this company survives an audit.
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12 September 2024 | 10 replies
2- what is the percentage of people that get audited my claiming REPS status to offset W-2?