Those that have nothing to hide aren’t afraid of any audit or investigation or press release.

This can be found on the county auditors website in many cases and will help you verify if the changes you see are in line with broader urban planning strategies.Engage with the Community: Sometimes, the best insights come from local residents.

., including Columbus, OH.An assessor ("auditor" in OH - https://property.franklincountyauditor.com/_web/search/commo...) determines value and enforces the millage rate; the commissioner ("treasurer" in OH - https://treapropsearch.franklincountyohio.gov/) issues the tax bills and collects payments.

As long as the total income reported on your tax return matches or exceeds the total income reported on your 1099s, and you have documentation supporting the breakdown of income by property, the risk of audit or inquiry may be relatively low.Pros of the approach:Compliance: Helps ensure compliance with IRS reporting requirements by matching the total 1099 income on the tax return.Risk mitigation: Reduces the risk of IRS flags or inquiries related to unreported income.Cons of the approach:Complexity: Requires additional documentation and statements to reconcile the reported income with the 1099s, potentially adding complexity to the tax return.Time and cost: The additional work required to prepare separate statements for each property may result in higher accounting fees.Ultimately, it's essential to weigh the pros and cons and consider the specific circumstances of your situation.

The IRS is still around, like it or not, and they are hiring and training a new army of auditors as we speak.All of these factors combined add up to the same message I posted earlier: in order to fund your 401k with $20k, your business need to make significantly more than that number.

As a result, I've been driving for dollars and mining the county auditor's website for properties with delinquent taxes.

And as I told the Auditor why would I go to Indy in Feb.. and look I have 10 loans on my books in Indy and I live in Oregon..

I have been driving for dollars and mining the county auditor's site for homeowners who are delinquent on their taxes.

working with our auditors right now on ACL (allowance for credit loss) and learning about SCALE, WARM and all the fun and new CECL terminology.. 

And evaluating the track record is a call that's made first by the taxpayer or their CPA, and ultimately by an IRS auditor (should one get involved). it is very true that the IRS cares about intent with respect to capital gains in real estate -- I've certainly seen cases where the statutory timelines were less important and the identified intent of the investor.with respect to determining whether you qualify as a developer or an investor, it's much more of a "forest" than the "trees"...so holding any given investment for 14 months prior to a flip is certainly no guarantee of receiving long-term capital gains treatment.I hope this helps.