Diegocentric - Christa Borellini

IRS to Audit Real Estate Investors if Reporting a Loss on Rental Income

If you own real estate and will be reporting a loss this year be preparred to be audited.  The IRS is cracking down on investors this year, but most especially those that will report a loss.  If you have real estate investments make sure you keep all your documentation in case you will be one of the unlucky ones to be audited this year.

Tags: IRS audits, real investors, rental income

This entry was posted on Wednesday, April 13th, 2011 at 1:56 pm and is filed under Investing, Lifestyle. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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