CP
Carrie Pierce & Associates Newsletter
Investor Edition February 2009
In This Issue
New 1031 Development
Mobile Home Investing
Real Estate Tax Tips
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New 1031
Exchange
Development 
 
 The IRS issued 45-180 extensions for the floods that occured Jan 6, 2009 in the following counties: King, Lewis, Mason, Pacific, Pierce, Snohomish, Thurston and Wahkiakum. The relinguished property must have been transferred on or before Jan 6, 2009.
 
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Carrie Pierce & Associates
4900 Stone Way N
Seattle WA 98103
cell: 425 518 1176
fax: 206 299 4555
Greetings!
 
Experienced investors know there's never been a better time to buy than now. Seattle is still considered one of the top markets for real estate investing. Whether you're looking for a fixer, a cash flow investment or just a good deal you'll find what you're looking for in this market. If you're ready to take advantage of this market, give me a call today. Come years down the road you'll be glad you did.
 
Carrie
reces
Why Invest in Mobile
Home Parks?
Mobile home parks offer some unusual advantages over other forms of rental properties, and most of these attributes just get better with age. The first advantage
of mobile home parks is supply and demand...

Full Article
 
6 Real Estate Tax Tips
IRS
 
1) In order to claim many of the tax benefits associated with owning investment real estate, you must be actively involved in the property's management. Actively involved - according to the IRS - means that you set the rents, approve tenants, and decide on capital improvements. It doesn't mean that you can't hire management help; it simply denotes that you must remain in control.
 
2) Tax depreciation is an accounting procedure that creates a loss in value for the purpose of tax deduction. It has absolutely nothing to do with whether a property has actually gained or lost value in the marketplace. 

 
 
Landlording Forms
 
Did you know that you can register on Carrie Pierce & Associates website, www.realtorcarriepierce.com and gain access to over 20 landlording forms. Simply click on the investors tab at the top of the page and click "Register Now!" or you may just click the link below.

 
Access Landlord Forms

Call Carrie for March's Top Investments

 425 518 1176