CREA Edge - October 2018

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AWARDS & KUDOS

Franklin Mill – Plan NH Award “Built in 1895, the old mill complex is on the National Park Service’s Register of Historic Places, and has been transformed into 45 affordable one- and two- bedroom apartments in downtown Franklin. ‘This was an amazing transformation of a decayed shell into a crown jewel, and is a catalyst for the revitalization of downtown Franklin,’ said one juror.” - NH Business Review

NorthHarrison Senior: IHCDAExcellence inAffordable Housing Awards - Senior.

“North Harrison Senior Apartments was created to provide proper senior housing with lower monthly rent and utility costs, while creating an inviting atmosphere where friends socialize and help each other out. This community is located in a walkable area to other necessities, provides educational opportunities for both work and personal enrichment, and assists in finding necessary social services to help the residents live independently for as long as possible.” - IHCDA

OCT 31 REPORTING DEADLINES

For our General Partners: • Engagement letters: Submit by 10/31/18 to your assigned Asset Manager or audits@creallc.com • 3rd Quarter Reporting: Submit by 10/31/18 to your assigned Asset Manager and a copy to crea@integratec.biz

For our LimitedPartners: • 3rd Quarter Reports will be issued by 12/15/18

DEC 15

GOOD TO KNOW

CREA’s 2018 Tax Season Guidelines have been distributed to all of our GP and accountant contacts. Happy Reading!

Insurance certificates for all properties can now be sent to insurance@creallc.com

Any properties that are not operational in 2018, get a jump start on tax season and request an audit waiver now!

CREA will be communicating to every partnership accountant whether the partnership should elect out of the interest deduction limitation or accept the limited interest deductions. Additionally, CREA will indicate where we are expecting significant placed in service activity and sharing projections of basis allocations, whether a cost segregation study is expected, and our assumptions of bonus depreciation.

CREA, LLC / 30 S. MERIDIAN ST, STE 400 MARKETING@CREALLC.COM / CREALLC.COM

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