Dick Greenberg thank you! This is definitely an issue area where an accountant could be incredibly helpful. I'm sure most good real estate pros could handle these hurdles on their own with the research and time invested (after all, real estate pros end up learning quite a bit about the law, accounting, and finance), but sometimes it isn't worth the time. Busy real estate pros hire accontants for the same reason busy people hire real estate pros: an efficient professional can really be worth the cost, especially when the alternative is a lot of hours of personal time invested.