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investment: Investor Report: Tax Extender Act: 50 tax program extensions beyond their December 31st scheduled expiration date. - 12/19/09 10:48 PM
 
Investor Report: Tax Extender Act
 by Kenneth R. Harney
Real estate investors are facing a squeeze play on Capitol Hill, with important tax incentives nearing an end-of-the-year deadline.
Last week the House approved what's known as the Tax Extender Act, a Christmas tree bill filled with nearly 50 tax program extensions beyond their December 31st scheduled expiration date.
Two of the extenders are especially significant for investment real estate: First is the so-called "leasehold improvements" provision, which allows owners of commercial, retail, hotel and office buildings -- large and small -- to use an accelerated 15-year depreciation schedule in writing … (2 comments)

investment: Realtor Caught in Cash-Back-at-Closing's Crosshairs - 02/01/08 09:14 AM
 
 Realtor Caught in Cash-Back-at-Closing's Crosshairs
by Ralph Roberts
According to Realtor Lori Polin, she was totally unaware that what she was involved with consisted of real estate and mortgage fraud. If ignorance of the law was an appropriate defense, she could be off the hook. Unfortunately it's not. According to a recent story in the St. Petersburg Times entitled "Unsigned letter accuses agent of mortgage fraud," Polin was allegedly involved in classic cash back at closing schemes.
Here's how a cash back at closing scheme works: The buyer pays more for a property than it's worth, and the seller agrees to … (7 comments)

 

Frank Zeno

San Antonio, TX

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Integrity Realty

Address: 2519 REDBRIDGE , San Antonio, TX., 78248

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