We do a lot in the suburbs outside of the 435 loop such as Independence, Raytown, South Kansas City and Grandview.

You sign a (IC) Independent Contractor agreement.

SO, my questions to you tax experts out there are...How likely are they to get audited (I mean the purchase and sale dates are right there on their returns!...

I'm loving Brandon Turner's Financial Independence Blueprint.

@Benjamin Hammerly we do a lot in the suburbs east of the 435 loop such as Independence, Raytown, South Kansas City and Grandview.

Try a local independent insurance agent.

I think there are some things a tenant should be expected to resolve independently, however, I also want to be made aware if there's something that they cannot handle.

What route people usually go (buying and renting out vs house flipping) if its possible to be a silent partner in real estate deals by just providing half the capital (due to working 112hr work week) if its really made y'all financially independent.

What the service will be looking for if they choose to audit your exchange is that the tax payer does not change in between the sale and purchase. 

What's the odds that IRS would audit you just because you file rental business losses 4 or 5 years in a row?