dc condos: Tax Free Income
- 04/30/12 10:11 AM
DMV Real Estate News @ 11:00 am i Rate This Some residents of Augusta, Georgia have purchased tickets to the Master’s for years but have never attended the famous golf tournament. It’s because they include the tickets as a bonus to the people who rent their home during the event. Each year, owners rent their home for a big premium during the Masters and make tax-free income. Homeowners benefit from a little known provision in the tax code that does not require taxpayers to recognize the income derived from renting their home for less than 15 days per (0 comments)
dc condos: Do You Know What You Are Signing When You Sign Fannie Mae's Addendum Re: Foreclosure Purchase? Buyers Beware!
- 04/06/11 10:31 AM
Buyers do you realize that you are signing all your rights away when you sign Fannie Mae's Addendum to purchase a foreclosure property? Make sure you read and fully understand what you are signing. 16. Representations and Warranties: The Purchaser represents and warrants to the Seller the following: (a) The Purchaser is purchasing the Property solely in reliance on its own investigation and inspection of the Property and not on any information, representation or warranty provided or to be provided by the Seller, its servicers, representatives, brokers, employees, agents or assigns; (b) Neither the Seller, nor its servicers, employees, representatives, brokers, agents (7 comments)