Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
Looking for any creative input on how something like this could be structured.Taking part of the purchase price of real estate as a charitable donation and using said deduction to lower your taxes is tantamount to sending a cover letter to the IRS with your return requesting an audit.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
If the IRS gets busy auditing them, maybe they will leave you alone.
Dan Thomas
Airbnb claim process
4 January 2025 | 19 replies
First time in 3 years we have had to file a claim with over 150 airbnb stays. Guest left all windows and door open in our cabin in -15 degree weather when they left causing a frozen pipe. Left the place destroyed and ...
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
Avoiding the ravages and savages of the IRS audit system.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
I also would like to reduce the audit risk due to large bonus depreciation.
Ilia Zakharav
Convert 6 unit multifamily into condos, 1031 after
9 January 2025 | 2 replies
But. that short of a hold period would be suspect by itself if ever audited.
Cody Caswell
Save Hours at Home Depot + Lowe's
23 January 2025 | 2 replies
After doing an audit on my time and realizing that I spent over 40% of my time shopping for materials, I knew I needed to find a better solution.
Sherylyn Holden
New Short Term Rental Rules in San Antonio, TX
30 December 2024 | 13 replies
Here is the email received"An internal audit has been completed for STR permits and our records indicate that your STR permit was issued in error due to exceeding the maximum 12.5% blockface density.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
You can do it either way and reality is you will never be audited.
Briar Blake
Property Managers Violated Contract
7 January 2025 | 11 replies
Thought about if I did scale to say 100-200 doors that I would hire another company to audit the current PM on how they're handling my properties.