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IRS Warning flags. There as well certain things you should not do that could raise red flags to IRS and you might get audited. First, do not report an excessive amount of rental income loss, there are plenty of expenses place find to relieve your pre-tax income. Second, do complicate your asset protection organization. Having too many business entities on the surface of each other, or having domicile headquarters in Las Vegas, NV, tax free state might a red light. Repor
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