They are $300 a year (at least in my state) and he also noted that you are more likely to be audited.

This is what we do deliver:- tax return that is compliant with the IRS requirements- tax return that includes all your income and all your legitimate expenses- tax return that presents your business in the most beneficial way- tax return that minimizes your IRS audit exposure (FYI: nobody can make a tax return completely "audit-proof")And, if your taxes are lower as a result, it's the icing on the cake.

For example:- building 1: Me, Partner 1, Partner 2- building 2: Me, Partner 2, Partner 3- building 3: Me, Partner 2, Partner 4etc.By keeping everything completely separate, audit trails can easily be set up and the integredy of the Accounts are maintained.Each Building Partner can have read only access to the Accounts so they can monitor it for excessive expenses, fraud, etc.In fact, this helps build confidence in me as the manager for the Buildings amoung all 10 of my Partners.Is it difficult?

@Thomas LebensAttorney fees -$15-$25kThis includes a PPM, subscription agreement and operating agreement.Does not include LLC formation506b- add $10-$15k per year for audited financialsWebsite - assume you have oneInvestor portal - $7-15k per yearTax returns -$5k yearlyFundraising - if you don’t have connections and need to market to raise money assume an client acquisition cost of around $5-6k for every raise of $50,000

That cost is the commission paid to the agent selling the product, the profit to the insurance company issuing the policy/product, and the outside costs for administering the product such as accounting fees, auditing, etc.  

Basically, if they're not REALLY their own biz, like working for other multiple customers etc IF the IRS or state comes in and audits, you can end up getting WHACKED and WHACKED HARD for that one!

)Their accountants give them a detailed form to log the hours to hopefully stand up to an audit if one occurs.It's true NNN is mostly passive so really can only count maybe a few hours a year toward that.

This means lease audits, analyzing expenses, particularly property taxes, etc.Good luck

Yes, that's what I was saying, the loan will be more likely to be audited after a modification, wait a couple years to mess with deeds, IMO, but even then, yes, the due on sale clause is real.

Not much different then Sched E on a 1040, except 1/3 the audit foot print in the 1065.