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Results (5,806+)
Michael Plaks EXPLAINED: how much can a real estate CPA save me?
25 January 2023 | 8 replies
This is what we do deliver:- tax return that is compliant with the IRS requirements- tax return that includes all your income and all your legitimate expenses- tax return that presents your business in the most beneficial way- tax return that minimizes your IRS audit exposure (FYI: nobody can make a tax return completely "audit-proof")And, if your taxes are lower as a result, it's the icing on the cake.
Lucas Machado Should I Sign-Up For Adwords Nerds?
2 November 2021 | 28 replies
.)- Ask website provider/ designer for a referral- General referrals... ask your business friendsKnow that you have composed a list of companies/managers to choose from you will now need to Figure out what services are offeredTypes of services offered- Audits: Someone dives into your account to tell you exactly what you are possibly doing wrong.Audits come at one of the cheapest cause you can get it for free or for a small amountLevels of audits- Free Audits: Companies that offer this free service are most likely interested in a campaign that is going to be spending large amounts in hopes to hook you on for possibly a long-term contract.
Ana Carini Mobile Home Parks
30 July 2020 | 45 replies
The higher you go might open yourself up to an audit down the road when the IRS deems your claimed percentage out of line with value of the improvements versus the land.I am NOT a tax professional Aaron.
Ken Weiner Anderson Business Advisors
20 March 2024 | 193 replies
They first will do a thorough audit of your last 2 years of taxes for ALL entities and then walk you through where things are good and where you may be at risk and then create a tax strategy moving forward.
Ryan Kenneth Do I need maintenance invoices from PM for taxes?
2 April 2021 | 2 replies
For my local rental house I have hard copies of all receipts in case CRA ever audits me.Is this PM ledger sufficient enough for CRA?
Davinder Hans Multi family Fire resistance separation
26 April 2020 | 8 replies
We had the same audit & after the building inspector, our commercial architect, fire chief etc finished I had to design, install a fire sprinkler system, complete with 24/7 first responder monitoring . 
Cameron Chambers Investing in single condos
25 November 2020 | 11 replies
However there is an AGM and the financials are independently audited.
Alicia Marks QOTW: What can you share about the Pros and Cons of Partnerships?
4 November 2022 | 41 replies
The temptation to pass on bogus costs and skim is great and limited partner most always has bad results.Such as: cash calls, lawsuits, errors, hiring family and they are vastly overpaid, tax audits to name a few. 
Susan K. Paying taxes on Flips is it worth it as a business?
2 July 2017 | 10 replies
I'm one of those that if I have a nightmare it involves either getting struck by lightening or getting called into an IRS audit.  
Chris Murdien Would installing solar panels on rentals be a wise investment?
23 February 2024 | 12 replies
Hint: look for a solar architect, who acts as an adviser and works for you and audits the installer project proposal.Many states/utilities are no longer allowing net metering (kWh for kWh) and use instead all kinds of payback schemes (e.g. if you over-produce, they will gladly take your kWh for 3 cents and graciously allow you to take it back at night for 22cents - end result being, if your system is not properly sized, you will be producing energy for the utility and never recover the costs of the installation).