taxes: DC Waives Taxes on Inauguration Rentals - 11/24/08 12:22 PM
D.C. Government Relaxes Some Tax Laws for Inauguration Rentals The D.C. Office of Tax and Revenue will suspend its sales tax on property rentals to transients for residents who want to rent their apartments or homes to out-of-towners for the inauguration.
The city usually assesses a 14.5 percent tax when a … (0 comments)
taxes: New DC Property Tax Rates for 2009 - 11/24/08 12:20 PM
District of Columbia Tax Year 2009
Homestead Deduction
(§ 47-850 DC Code). A condition of eligibility for this program is that the applicant resides in the "owner-occupied property as [his or her] principal residence."
For purposes of levying the real property tax during a tax year, the Mayor shall deduct $64,000 … (0 comments)
taxes: Tax Credit? - 09/02/08 02:30 PM
Now, back to business. Recently, Congress passed the Housing and Economic Stimulus Recovery Act of 2008. As part of this package, qualified first-time home buyers can receive a tax credit of up to $7,500 for purchasing a home this year. This is not merely an itemized deduction - it is a … (0 comments)
taxes: Why Now is the Best Time in Years to Purchase a Home - 10/31/07 01:03 PM
Failure to act now could be the most costly mistake you make. Here are the top 5 reasons why: 1.) Leveraged investment power: With most investments, such as stocks and bonds, the money (and risk) you put into the investment is entirely your own. With real estate, while you may only put … (3 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
D.C. Government Relaxes Some Tax Laws for Inauguration Rentals The D.C. Office of Tax and Revenue will suspend its sales tax on property rentals to transients for residents who want to rent their apartments or homes to out-of-towners for the inauguration.
;)
;)
