Real estate & property tax
Business Tax Index ranks state tax systems
In April, 2009, the Small Business & Entrepreneurship Council (SBE Council) published the "Business Tax Index 2009: Best to Worst State Tax System...
Help clients take advantage of the First Time Homebuyers Credit
It's a great idea... stimulating the economy from the ground up by giving would-be homebuyers an $8,000 push. But since the purchase must complete bef...
Benefits to both homeowners and lenders in new housing law
With previous efforts to aid homeowners who are facing foreclosure or whose home values are "underwater" making only a slight dent in foreclosure proj...
States turn federal tax credits into cash for would-be homebuyers
How do you turn a tax credit into a cash benefit that will have the power to stimulate the economy and improve lives? That's the task that 10 or more ...
Home buyers can claim 2009 tax credit on 2008 tax returns
The Internal Revenue Service has announced that taxpayers who qualify for the first-time homebuyer credit and purchase a home during 2009 prior to Dec...
Retail ripple effect: Bad times for commercial real estate can mean a tenants' market
With For Lease signs going up on windows of empty stores in shopping centers and malls since the end of the holiday shopping season, the ripple effect...
IRS offers lien relief for financially distressed homeowners
The Internal Revenue Service has announced an expedited process that will make it easier for financially distressed homeowners to avoid having a feder...
Last year's mortgage legislation may prove useful at tax time
No matter what the circumstances, from job loss or illness to changing market conditions, many homeowners are facing foreclosure or a short sale of th...
1031 exchangers earmark significant October 18 date
When a taxpayer exchanges (under Section 1031) their relinquished property after October 18th, they will have less than 180 days in which to close on ...
Senate passes Housing bill; Bush promises to sign
After several passes back and forth between the House and Senate, on Saturday, in a rare weekend session, the U.S. Senate voted 72 to 13 to pass the b...
