Income Taxes	3 Months Ended
Sep. 30, 2011
Notes to Financial Statements
Income Taxes	Note 6: Income Taxes Since inception the Company has been in a cumulative net loss position. The Company had net operating loss carry forwards at September 30, 2011 of $746,872 which expire beginning in 2030. The Company has provided a full valuation allowance for all deferred tax assets because of the uncertainty regarding the utilization of the net operating loss carryforwards.

Income Taxes

3 Months Ended

Sep. 30, 2011

Note 6: Income Taxes

Since inception the Company has been in a cumulative net loss position. The Company had net operating loss carry forwards at September 30, 2011 of $746,872 which expire beginning in 2030. The Company has provided a full valuation allowance for all deferred tax assets because of the uncertainty regarding the utilization of the net operating loss carryforwards.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

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Reference 4: http://www.xbrl.org/2003/role/presentationRef

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+ Details

American Realty Funds Corp 10-Q