GREAT video by Sterling! Happy to subscribe. Question: if the IRS recognizes 98040 as, " one of the Top 100 income earning zip codes across the United States" would this make Mercer Island a tasty target for IRS audits? Surely not a good thing. That would give new meaning to becoming victimized by the "Seattle Freeze" don't you think?
Great question and observation. I don't really know how the IRS chooses to audit people, other than failing to report documented income. Perhaps higher income earners are looked at more closely? If that's the case, and Mercer Island has higher income earners, I could see the correlation. Whatever the case, it's good to shoot straight and work with a CPA who's on the ball. Thanks again!
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Great video, thank you!
A must see video for anyone who is interested in moving to Mercer Island.
Thanks so much for your feedback, glad it was helpful!
I’m poor and I don’t know why I’m watching this.
Thanks for watching! It is always fun to dream. Don't forget you can build wealth by starting small and investing in real estate :).
Whats up guys!! Great info!!
Hey, thanks! Appreciate your support!
My grandparents lived there before there were bridges. My cousin still lives there. He hates it. Crime increasing. He was beat up in his driveway.
The snob Island
GREAT video by Sterling! Happy to subscribe. Question: if the IRS recognizes 98040 as, " one of the Top 100 income earning zip codes across the United States" would this make Mercer Island a tasty target for IRS audits? Surely not a good thing. That would give new meaning to becoming victimized by the "Seattle Freeze" don't you think?
Great question and observation. I don't really know how the IRS chooses to audit people, other than failing to report documented income. Perhaps higher income earners are looked at more closely? If that's the case, and Mercer Island has higher income earners, I could see the correlation. Whatever the case, it's good to shoot straight and work with a CPA who's on the ball. Thanks again!