COLLEGE STATION (Real Estate Center) – While you're listening to this week's Real Estate Red Zone podcast, check out the latest additions to our online research library:
"Poor Records May Increase Taxes"
Regardless of whether a taxpayer correctly includes income and deductions on a tax return, an IRS audit could lead to additional taxes, interest and penalties if the taxpayer does not have adequate supporting documentation. Written by Jerrold J. Stern.
"Estimating Residential Construction Cycles"
The Texas Residential Construction Coincident Index is based on the movements in three direct measures of residential construction activity: real contract values, real wages paid and number of jobs. This index should be a useful tool for understanding the current direction of Texas residential construction activity. With data through May 2015, the index is signaling a healthy expansion that is showing signs of slowing. Written by Jesus Cañas, Keith R. Phillips and Luis B. Torres.
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