End of the day you will survive an audit if the individual owners of the operating company report the appropriate passive income 

My bookkeeping is handled by the Property Manager's software and I just hand everything over to my CPA.

Ask your software provider about filing a "superseded return" as the deadline has not passed yet. 

One PMI company's software gives pricing, but if you call them the rep says it's a software error and points the finger at Freddie.Not actually clear on what is going on 20 levels above me. 

Hello,My name is Janice and I'm new to real estate investing and I'm thinking about using "Really Flip Now" along with "Deal Dog". Has anyone out there heard of either one of these and is it worth looking into? The co...

We use scheduling software that makes it look easy on paper, but in reality, I don't think I have had one go perfect as planned. 

My name is Erik and I currently live in the Land O' Lakes / Lutz area of Tampa.I've been in the tech industry my whole career (15+ years) as a Software Engineer, Web Developer and Systems Architect for companies like Disney, Comcast, and Microsoft.

I'd like to hear from people who are in similar situations or even got audited by IRS and have personal experience in how a situation like this is treated.

.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

Then get a reserve study done, start identifying any immediate issues, unpaid taxes, utilities, pressing maintenance, audit any accounts owned by the HOA.