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The legal ramification would be dependent on how your lawyer worded the tax payment during the attorney review period.  

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This is always the dilemma with cash based taxpayers who want accurate management reporting out of their bookkeeping system.  

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For example, you set up key word alerts. http://www.biggerpockets.com/alerts

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/ If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Bigger Pockets has various resources such as: ebooks, forums, blogs, webinars, podcasts, keyword alerts, an awards system, a learn section, colleagues, informative people in many fields of real estate, and more.Consider spending 30 minutes for 30 consecutive days on Bigger Pockets.