All you would need to say really is that you materially participated in the business during the tax year and just be prepared in the case of an audit/IRS notice.

Getting a tax preparer to take an aggressive position on a return is not the same thing as what the ultimate correct position will be if you are audited (plus interest and penalties).

RTR is impartial on who your lender is to close deals. 

However, in many cases you likely won't be able to obtain by-laws until you are under contract.I would have your attorney include a specific "HOA" rider in the contract for this exact reason- It basically would require that you have ample time to review the governing docs of the HOA, such as master deed, current by-laws, current year’s budget, and last two years of audited financial statements, association meeting minutes, etc. 

Do they provide audit protection?

We just don't want our clients to face issues if they were ever audited and I'm giving you the same advice! 

I think telling people the truth probably cuts into profits and enthusiasm for “Dear Leader”: (That’s a “cult” term)Since the Subject To purchaser makes the mortgage payments and owns the property, the IRS deems that sufficient enough to take the deduction, per my recent IRS audit which includes a large portfolio of Subject Tos and various other creatively financed properties.

Have you had a marketing audit lately? 

The assessment in general was a result of the law being passed which caused the building to get an audit (happened prior to my purchase) as I believe it passed a couple years back and the deadline was just this past October. 2. our extremely low condo fee is why we don't have enough reserves to make even a small dent in the renovation costs and have to significantly come out of pocket. 

Education and research hours, "managing the property manager" all have failed under audit historically.