So I had my accountant do an audit and found things like billings for 36 blinds being billed to a unit that had only 8 windows.  

Here is how you catch them …   When you and your Property Manager are doing the walk through and Lease Audit, make sure you review the Tenant Screening Procedures on each and every Tenant.

I have never seen an IRS audit because the IRS refigured your accumulated depreciation based on your original purchase.

A code such as that helps keep policing impartial.

., in 2014, with a dual degree in Accounting and Management Information Systems, with a concentration in Economics.I'm a Chicago local, working for a Telecommunications company as an internal auditor, specializing in financial, operational, and information system audits.

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.  

I'm a CPA myself (audit side) who moved into private industry in 2010.

@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

I was audited and IRS said I owed them high 6 figures in taxes for 79 and 80.

The IRS trusts you until they decide to audit you, they have no way of knowing your exact expenses, but don't make expenses up or in the words of Liam NeesonThey will look for you...They will find you...and they will.....