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Real Estate Still a Good Tax Benefit

With all of the discussion in the "downturn" in our economy and home prices this article still addresses a few of the tax advantages of home ownership.  I personally and professionally believe that home ownership is still a strong investment and with our strong rates for mortgages we should still see home sales for long term investments. 

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Automotive Components Holding & Ypsilanti's Taxes
Christopher Sevick, Real Estate Attorney (Sevick Law PLLC)
The move now to have the Ypsilanti Automotive Component Holding plant (ACH) reassessed, in this article may cost the City of Ypsilanti an additional $600, 000 to $700, 000 in loss. This comes on the heals of a proposal for the City to place an…
Ypsilanti City Mayor-Income Tax Needed to Support Services
Christopher Sevick, Real Estate Attorney (Sevick Law PLLC)
Great link to the Mayor's Corner for the City of Ypsilanti addressing the discussion to place a City Income Tax on the November 2007 ballot for vote and just exactly what it is needed for. The proposal is calling for a 1% tax on residents of…
Real Estate & Wills and Estates
Christopher Sevick, Real Estate Attorney (Sevick Law PLLC)
Real Estate & Wills and Estates WWJ, our local newsradio station just published an article in their weekly new magazine, RealView relating to real estate and probate. Why is this noteworthy? I was the attorney who was interviewed…
Local Municipality Sells Land to Keep 700 Jobs!
Christopher Sevick, Real Estate Attorney (Sevick Law PLLC)
Local Municipality Sells Land to Keep 700 Jobs! Canton, MI just recently approved the sale of 61 acres of land to Poco, Inc, a local manufacturer of safety construction equipment. The sale is contingent on Poco selling additional…
University of Michigan-Private Dorms Provide Taxes
Christopher Sevick, Real Estate Attorney (Sevick Law PLLC)
University of Michigan-Private Dorms Provide Taxes Good news for the local tax base, but poor news for Ann Arbor's already slow rental market. New plans have been announced by Education Realty Trust that they will build 896…
Yahoo Finds Foreclosures?
Christopher Sevick, Real Estate Attorney (Sevick Law PLLC)
Yahoo Finds Foreclosures? It seems that more & more foreclosure sites just keep popping up to help potential buyers find the homes. With more foreclosures coming on the market and often good deals on them. Yahoo has stepped…
Internal Revuenue Service-Taxing on Short Sales
Christopher Sevick, Real Estate Attorney (Sevick Law PLLC)
Internal Revenue Service-Taxing on Short Sales On March 27th I wrote a blog piece on how you may be liable for taxes on a loan that is partially forgiven as part of a short sale. Now, I have found an article that details this, but…
Read the Mortgage Fine Print
Christopher Sevick, Real Estate Attorney (Sevick Law PLLC)
Many of the calls to my law office involve assisting potential clients with a review of their mortgage situation when their payments seem to jump up $300-$500 seemingly overnight. This MSNBC report address just such an occurrence. For many, it seems…
Fight Against Foreclosure--On the Phone
Christopher Sevick, Real Estate Attorney (Sevick Law PLLC)
One of the largest items that I find for many in foreclosure is that they were not speaking to their lender, or the correct department at the lender. The most important thing when facing foreclosure is to communicate with the lender. This article…
 
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Christopher Sevick, Real Estate Attorney

Ypsilanti, MI

More about me…

Sevick Law PLLC

Address: 2002 Hogback Road, Suite #11, Hogback Officenter, Ann Arbor, MI, 48105

Office Phone: 8884SEVICK

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