February 24, 2012
Welcome to the latest edition of Investor Intelligence.
As tax season continues, we provide two different but related articles for your review, as well as a look at housing foreclosures and what it means for the multifamily investor.
Your feedback is important. If there are any topics you would like us to cover please let us know.
Thank you for being part of the 37th Parallel family.
Kieran J. Donohue
Director, Communication and Education
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Best and worst states based on foreclosure rates. The residential foreclosure rate can impact multifamily investments by changing location grades and pushing more households into the renter pool. Review the article to see which states are doing best and are ultimately the most stable for multifamily.
Most often overlooked tax deductions. We’re not going to try and define what a “fair share” of taxes is, but if you want to lower your taxes, this is a good read to make sure you didn’t miss anything.
Taking the pain out of an IRS audit. If you make over $100,000 or more and especially if you’re over $250,000 or more and own a business an audit is somewhat inevitable. It’s not as bad as it seems though. Read on to learn what you really need to know about IRS audits and how you can prepare now.