investors: 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)
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investors: Trust Deeds, Mortgages, Contracts, Warranty Deeds: What are They? - 05/27/08 12:06 AM
Trust Deeds, Mortgages, Contracts, Warranty Deeds: What are They?
by Clifford Hockley
Charles was confused. He was trying to buy a four-plex, but just did not understand the real estate jargon.
Deeds, trust deed, contacts, mortgages all were words he thought he knew, but in the end really did not understand.
He was sitting in his real estate broker's office embarrassed that he did not understand, when the broker Mimi, said to him,"You know, the language of real estate can be very confusing. I have prepared a short summary of terms that might be helpful to you as we move … (7 comments)
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investors: Implementation Of The Two Mortgage Provisions In The FHA and GSE Limits - 02/29/08 09:49 PM
Date: February 14, 2008
RE: Implementation of the Two Mortgage Provisions in the Stimulus Bill
On February 13, 2008, the President signed the stimulus bill, H.R. 5140. This is the first in a series of memorandums discussing the implementation of the two mortgage related provisions included in the signed measure. The bill provides temporary increases to both the Federal Housing Administration (FHA) and government sponsored enterprises (GSE) mortgage limits until December 31, 2008. NAR will provide updated information on these provisions as it becomes available.
The new law makes seven temporary changes to the FHA and GSE loan limits:
• Raises the … (0 comments)
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