It feels like the city can operate without accountability.

I recommend you do this annually to adjust for utility increases and other variables.

Hey @Dan Fritschen, To keep things above board and clean, id recommend forming a legal partnership or forming an LLC with ownership over said LLC clearly spelled out and open a bank account for it.

Now I am 15 years into this and some of the properties I have not seen in years even though they are all here in Milwaukee (we do annual inspections though).

In your case, with a history of passing audits and having a CPA who is experienced in IRS representation, you're in a strong position should an audit occur.Regarding audit statistics, the IRS generally audits fewer than 0.5% of individual returns, with even lower rates for those earning under $1 million annually.

In my case, it was obvious the appraiser took into account none of the repairs we did and just appraised them all at our purchase prices so the bank was happy to wave them.

HiI have been reading BP for the last month and find in a great place to learn.My real estate experience includes working at a rental agency for 5 years and going PM accounting for 4 years.

Account Closed stated, Wisconsin Legal Blank has been tested in court and many local landlords find this to be the gold standard.

This will assist investors in making informed decisions and to potentially identify lucrative investment opportunities.More Accurate Property Valuations: Property values are assessed more accurately when utilizing AI tools as they are able to take into account multiple factors including market conditions, location and the features of a property.

I am considering Citadel Credit Union, which my agency already has some accounts with them.