Here are some thoughts from a Business Inside post (see link below). With the Fed's easy money policy helping hedge funds buy BILLIONS of dollars worth of distressed properties to rent out (while they appreciate maybe??) are we being set up for another down turn? "Housing is zero-sum: when you
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03/21/2013
Income Taxes and Real EstateWhat is the new 3.8% tax and how does it affect sellers?A new income tax provision started on January 1st, 2013, that may affect some sellers of real estate. The tax is 3.8% of “net investment income”, if the sellers fit into certain categories:1. Joint income tax
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03/08/2013