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August 2018 Newsletter

Is Another Housing Bubble Getting Ready to Burst?

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Housing bubbles follow a predictable progression:

  • Stage One: Mania -- Prices rise at an accelerating rate as factors like excess central bank liquidity/loose credit/hot foreign money drive a bidding cycle well above sustainably affordable levels.
  • Stage Two: Peak -- Increasingly jittery owners attempt to sell out before the party ends. Supply jumps as prices stagnate.
  • Stage Three: Bust -- As inventory builds, sellers start having to lower prices. This begins a vicious cycle: buyers go on strike not wanting to catch a falling knife, causing sellers to drop prices further.

There is a proliferation of signs that the global boom in housing is suddenly cooling, but which stage of the bubble are we in and what does this mean for you as a homeowner or someone in the market to buy?

This comprehensive report from Adam Taggart at Peak Prosperity will help you get a feel for where the housing market is currently and where it's going.

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If Your Tax Authority Needs to Contact You

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What do you do if you get a call or a letter from someone claiming to be from the IRS (in the US) or CRA (in Canada)?

First, it's important to know what they will or won't do if or when they contact you. Scammers are always trying to fool people into doing things that will help them steal the tax refund of an honest taxpayer.

Knowing how your tax authority handles any personal contact with you is the first level of defense against thieves who want what is rightfully yours.

Click the tab below for the full article explaining what both the IRS and CRA will and won't do if they need to talk to you.

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The Deductr Newsletter is a monthly publication.

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News You Can Use

This month's dish of tax tips, business trends, helpful hints, and humor served fresh right to your inbox!  

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Deductr Live Webinar 

Thursday, August 16th at 7:00 pm MST

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How Consistent is Your Expense Tracking?

It's mid-summer and you haven't been very consistent when it comes to tracking and recording those deductible expenses for the 2018 tax year. Or there's that notebook in the glove box for mileage that hasn't been written in for a while. So what do you do? 

You sign up for our free LIVE webinar on Thursday, August 16th at 9:00 PM Eastern time and we'll show you how to get everything caught up and automatically tracking going forward! 

Get registered. It's easy. As easy as Deductr makes expense tracking! Make sure you mark your calendar for the correct starting time in your time zone: 

Eastern: 9:00 PM

Central: 8:00 PM

Mountain: 7:00 PM

Pacific: 6:00 PM

Click the button below to register. It's FREE!

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