If I read the story correctly, your client did not report rental income.

When you see such posts, you can use the "Report Abuse" link alongside the post to bring it to the attention of a moderator. 

If you do decide to invest with what seems like a trustworthy sponsor the best way to do so is to start with a small amount of capital, observe performance, reporting, etc. and then increase your contribution on the next deal. 

These are features like online renter payments, tenant portal (for payments and work orders), help keeping track of work orders, tax reporting features, and accounting functionality.

- The management company keeps track of finances and offers reports to the owners that are prepared for their accountants for tax filing.- The owner has full ownership and control of the property and can make all decisions such as when to sell, or may decide to operate the property according to their own wishes even if those wishes are against the recommendations of the property management company.

Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report.

We've had reports of folks waiting hours each day just to receive a pass to enter residential streets, which is enormously frustrating when our sole priority is helping the community rebuild as quickly as possible.As for your comment about finding excuses already not to cover something, can you send me an email directly or a DM on that?

View report*This link comes directly from our calculators, based on information input by the member who posted.

Come tax time it becomes fairly easy to run separate reports for each entity or each property for schedule E.

I know for our portal in Buildium owners can log in and run different reports like income statements, profit and loss, general ledger, etc.