Account Closed
Post Closing Audit
8 January 2025 | 1 reply
.: Hello,Did anyone received post closing audit from mortgage company.
James E.
Real Estate professional logbook example
24 January 2025 | 220 replies
@Clive Smith I have a sample log in format that follows the IRS Audit Techniques Guides (ATGs).
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
I also would like to reduce the audit risk due to large bonus depreciation.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
I have been able to review or been told of several audits (from other REI tax colleagues) related to cost segs in the last year or so- and of those none of DIY cost segs were allowed under audit.
Mayer M.
Real Estate Professional Status/Time Tracking
25 January 2025 | 91 replies
My accountant wants me to start doing this in the event of an audit being I’m starting larger projects and will be implementing cost segregation Thanks
Eryn Garcia
My pickle/real estate woes, help/suggestions
19 January 2025 | 5 replies
What did their Fraud or Audit department tell you?
Anthony Klemm
SEC registration and exemptions
27 January 2025 | 5 replies
These include drafting offering documents, adhering to ongoing disclosure rules, and audits, which can easily run tens or hundreds of thousands of dollars.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Julio Gonzalez
Which cost segregation study approach is required by the IRS?
27 January 2025 | 0 replies
Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.
J Lee
Philadelphia Sheriff Sales (Mortgage Foreclosures)
24 January 2025 | 5 replies
Sheriff Sales are conducted by counties, so each county will have its own individual rule set for how the auction is conducted.