We have had a handful of clients audited and the self-management of the LLC has not been an issue.

Sounds illegal, or at the very least a good way to get audited. 

He updates me on new rules and understands how to maximize deductions without attracting an audit. 

While I know there has already been a vast amount of virtual ink spilled regarding Morris Invest, I still feel obligated to recount my ongoing experiences in an objective and impartial manner as to help other investors make an informed decision.

Bottom line, a licensed real estate agent deducted mileage for visiting houses for possible investment, never invested in any houses and the IRS audited his returns. 

Intent can certainly change, but you have to be very careful to document the change so that you can support the change if you get audited. 

We are state licensed and audited in every state we operate in.

Will they defend my report in an IRS audit?

They are saying that about 15% admit cheating on taxes and that Uncle Sam will nail about .003%, recovering about 4.5 times the amount spent to catch cheaters.Just FYI, if you are one of the lucky ones selected for an audit they will begin investigating returns and reviews before you ever know you're so lucky.

An attorney told our real estate club comingling funds is viewed favorably in an IRS audit.