Tag Archives: United States Congress

The Fiscal Cliff Deal, and How it Affects YOU!!

Many of you may be wondering  how the FISCAL CLIFF deal affects you and what the Real Estate Tax Extenders will be in  2013.  This is just in from the MLS so we thought we would pass it along to … Continue reading

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Upside Down on Your Mortgage? Consider a SHORT SALE!

Five  years ago Congress passed the Mortgage Forgiveness Debt Relief Act of 2007. This allowed taxpayers to exclude from their taxable income, the amount of debt that was forgiven or canceled by their lender. Under federal tax code, forgiven debt … Continue reading

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What do you think: Require 20% Down?

Friends, We pass this along to you in an effort to keep you informed.  This article was forwarded to us this week from various sources, especially the Realtor Action Center. We’d love to hear from you.  Comments are open for … Continue reading

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1099 Rental Reporting: What does this have to do with Health Care?

Rental Property Owners have been handed another huge burden for reporting income and expenses in 2011 & 2012.   The  Small Business Jobs Act of 2010 and Patient Protection and Affordable Care Act, PL 111-148, signed into law in 2010, both beef up … Continue reading

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