Tax Realty Consultant

In order to stimulate the economy and the national housing market, President Bush recently signed House Bill HR 5140 - which may raise the conforming loan limit to as high as $729,750. This new bill could quite possibly have an impact in our local real estate market here at Deep Creek Lake in the near future.
The [...]

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We’re smack in the middle of tax season again. Many people fill out the short form, mail it in, and are done with it. Good for you. Lots of us have more complicated financial lives. In many cases, those complications will be handled by a hired tax professional. But some [...]

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two major pieces of tax legislation will affect your 2007 tax return — the Small Business and Work Opportunity Tax Act of 2007 and the Tax Relief and Health Care Act of 2006. It seems we’re simply going to have to wait for the Senate to deal with the House’s Temporary [...]

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It is no secret that many vacation and second home owners here at Deep Creek Lake greatly enjoy the peace and relaxation that comes along with owning real estate in Garrett County - but there are other benefits to owning a second home that sometimes go unnoticed - most notably the various tax breaks allowed by the IRS.The Rules
In simplistic terms, the [...]

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A real estate agent and a brokerage who say they brought a $5.5-million offer from a local property developer to the family that owned the Greenbryre Golf Course is suing to recover $250,000 in commissions they say are owed them.
Norbert Cyca and Hallmark Realty & Associates Ltd. filed suit in December against the Petrill Golf [...]

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The Florida attorney general has filed suit to close a real estate business run by an Allegheny County man already facing investigation for his dealings here and facing trial for tax evasion.
Attorney General Bill McCollum said James C. Platts and his Florida-based company, A Realty Rx, were using deceptive advertising and operating without a real [...]

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Insurance is a very complex issue, and I am not well-versed in that area. However, I suspect that since you did not have an insurable interest in the previous owner’s policy, you cannot file that claim.
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But all may not be lost. Have you considered contacting your home inspector who missed the damage? That inspector may [...]

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Complaints by homeowners who purchased quickly remodeled and resold houses attracted the attention of our state’s legislature. Unbeknownst to most, a change was made to Washington State’s contractor registration statute that went into effect this past July requiring that many real estate investors and developers be licensed as a contractor. Furthermore, the requirement stands even [...]

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The Rutherford County Industrial Development Board hired an out of county, impartial firm to do a financial analysis of the proposed Bible Park, USA. Jackson, Tennessee’s YOUNGER ASSOCIATES showed that for every tax dollar invested, Rutherford County would see a tax return of more than 4-times. This is based on data showing that [...]

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My husband and I signed a contract with a publicly traded builder, and our home is scheduled to close this December. We were very nervous about signing the contract in June and asked that if the mortgage was too much for us, what would they do? The sales associate stated that they [...]

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