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Real Estate Investment Bulletins
  January 2008
www.poconnor.com
  

Advisory bulletins for those involved with real estate — owners, investors, REITs, CFOs, accountants,
lenders, brokers and attorneys.
Cost Segregation 2008 
The IRS just issued a NEW Audit Techniques Guide for 2008 and beyond.  While much is the same, the IRS has added some additional guides and a few small but important changes.  A link to the new ATG is below, please feel free to contact an O'Connor & Associates tax reduction advisor near you (see below) to discuss how these changes may affect you. Read more..

Pockets of Insurance Relief Expected
According to a 4th Quarter Report from Arthur J. Gallagher, real estate insurance brokerage firm, you should recognize that insurance is cyclical and subject to external conditions. They advise to exercise caution in projecting costs beyond a two-year horizon. Read more..

Due Diligence Means Successful Deals
Due diligence is an essential step in real  estate investment. After selecting the property type and geographic location, the investor needs to ascertain he has accurate information regarding the physical asset, financial performance, tenant base, and future prospects for the subject property. Due diligence helps the investor accomplish those tasks. Click below to read more about the importance of accurate due diligence. Read more..


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For More Information Contact:

WESTERN REGION
Don McDougall at 310.258.9667 ext. 202
or dmcdougall@poconnor.com

EASTERN REGION
King White at 713.375.4385
or kwhite@poconnor.com

CENTRAL REGION
Mike Olivares 713.375.4291
or molivares@poconnor.com

O'Connor & Associates -- Your Key to Real Estate Success
Corporate Office:
2200 North Loop W., Suite 200
Houston, TX 77018
1-800-856-7325

www.poconnor.com • www.oconnordata.com • www.oconnorcomps.com
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Wanting to Buy

On occasion we have clients looking to either acquire or sell properties.

We have one client looking to ACQUIRE multi-family residential properties in Texas or the South East.

Their targets are properties between $10-$35 million.

Another client of ours, is looking for either extended care or nursing homes to acquire, locations are throughout the US.

If interested, please contact:
Larry Brewster at lbrewster@poconnor.com or
1-800-856-7325

Benefits of
Cost Segregation

  • Accelerate depreciation

  • Defer federal income taxes

  • Effective for properties with a cost basis as low as $500,000

  • "Catch-up" under-reported depreciation without filing amended income tax returns

  • Free preliminary analysis


About O'Connor & Associates

O'Connor & Associates is a real estate consulting services firm, conducting business nationwide. Our professional staff in Houston, Dallas, Los Angeles, Newport Beach, Atlanta and Chicago is available to help you with your tax, business and real estate valuation matters, including cost segregation studies, commercial real estate appraisals, commercial property tax reduction, due diligence, insurance valuation, and litigation support.