Real estate blog entries tagged with tax by Ernie & Barb Suto (Century 21 Preferred Realty)

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tax: Windfall Tax on Retirement Income? Is it True??? - 04/04/08 11:55 AM

IF we heard this right, did the speaker of the house say we were going to get a windfall tax on retirement income? Stock market profits, retirement funds, 401k's and mutual funds will all be subjected to this tax. Its purpose is to work toward the goal of equalizing income.
How will … (3 comments)

tax: New Jersey Exit Tax, need help..... - 04/02/08 07:26 PM

The question of the New Jersey Exit Tax came up twice this week. No one we asked was familiar with it. We felt that it could be the Realty Transfer Tax, but we are not sure. What we heard is that there is an attachment to all deeds upon the sale … (2 comments)

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