Tax Realty Consultant

 
Several years ago, when the housing market was in a boom stage, many people turned their attention away from Wall Street and toward the profitable practice of real estate flipping.
Flipping of course refers to the practice of purchasing real estate for the express purpose of quickly reselling it, rather than living in it or using [...]

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The financially distressed city’s revised recovery plan, which council is set to approve this week, offers a variety of solutions including proposed limitations on benefits offered to employees.
But it is clear that, after years of economic stabilization under Pennsylvania’s Act 47 program for distressed municipalities, the city has taken a step backward.
“While the recovery program [...]

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IF regular real estate deals are a two-aspirin headache, then foreclosure purchases are a serious migraine.
Despite the reported upswing in foreclosures, it actually is not easy to find them. Nor, once you locate one to buy, is the purchase process simple. Even if done right, it can take a while to find and buy a [...]

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 The revere mortgage industry is expanding to meet the financial demands of a growing retiree population, according to GoRevereandSave.com, which provides reverse mortgage information online.
The growth of the reverse mortgage industry is evident by Bank of America Corporation’s decision to expand their reverse mortgage loans to the Bay Area. The company also recently expanded their [...]

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In his hunt for a new home, Demetrius Stroud crunched the numbers to find out that, with gas prices climbing, moving near an Amtrak station is the best thing for his wallet.
Stroud was looking in Elk Grove., Calif. - about 85 miles away from his job in the San Francisco Bay Area - because homes [...]

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While legislation approved by the House would provide temporary relief from the Alternative Minimum Tax (AMT) and contains mortgage debt forgiveness provisions, the National Association of Home Builders (NAHB) opposes the measure because a plan to tax “carried interest” to pay for the bill would impose a multi-billion dollar tax increase on real estate at [...]

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Every business has it’s jargon and residential real estate is no exception. Mark Nash author of 1001 Tips for Buying and Selling a Home shares commonly used terms with home buyers and sellers.
1031 exchange or Starker exchange: The delayed exchange of properties that qualifies for tax purposes as a tax-deferred exchange.
1099: The statement of income [...]

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rist personally won’t see any immediate savings if the property tax cut on next month’s presidential primary ballot is passed. The political value, though, is worth more than the $240 he’d get to keep if he owned a home.
Crist rents a downtown St. Petersburg condominium and, of course, he has use of a mansion near [...]

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ou know what they say about polls.  Still, a recent one is an interesting temperature reading for the new economy Overseas investors in United States real estate prefer retail versus office or industrial space right now, according to a recent issue of Commercial Property News,This is just one conclusion in a survey that examined the influence [...]

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