. $20 an hour will get you someone who knows QB software and can input transactions, but likely not someone that can design and maintain your books at a quality level.Source: I'm an auditor.

Get a list of tax delinquent properties from you county auditor or treasurer.

Then go to the county auditor real estate website and find the owner.

The property appears to have accumulated another $4K in unpaid taxes, according to the auditor's site.

Others can correct me if I'm mistaken, but I've been told that the auditor here in Hamilton county generally recognizes arm's-length transactions (such as ones listed on the MLS) to be considered an appropriate valuation of the property.

"Auditors took the leading role in developing GAAP for business enterprises.[3] Accounting standards have historically been set by the American Institute of Certified Public Accountants (AICPA) subject to Securities and Exchange Commission regulations.[4] The AICPA first created the Committee on Accounting Procedure in 1939, and replaced that with the Accounting Principles Board in 1959.

Will holding a real estate license raise an eyebrow at an auditor when it comes to self employment tax.

Personally, I'm not at the point where I'm spending tens of thousands on marketing, so it's not worth it for me to pay for a subscription every month and buy the leads, particularly when you can find this information yourself with some digging as it's all public record (checking the county auditor's page, finding when the mortgage was recorded, pulling your own comps, etc.) 

Bryan,You never know what an IRS auditor will allow or disallow in the event an irregularity is discovered.Best to just carve out the mortgage interest for any portion of the loan proceeds that were for personal use.

In the end, your presentation has to be believable when explained to a stranger such as an IRS auditor or a judge.