Tax Credits working for Homeowners, First Time Buyers and the Economy

A recent study and market analysis show the extension of the first-time home buyer tax credit and the addition of  credit for existing homeowners is working for our economy. But the credits are set to expire in April and interest rates are beginning to rise from their near historic lows so the time to buy [...]

$8,000 First Time Homebuyer Tax Credit Explained

The first-time homebuyer credit is a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. For homes purchased in 2008, the credit operates like an interest-free loan because it must be repaid over a 15-year period. The credit was expanded in 2009 for homes purchased in 2009, increasing the [...]

The Tax Loss Carry Back and what it means to Real Estate Investors and Buyers

The Tax Loss Carry Back attached to the Unemployment Benefits Bill recently passed by congress and signed by the president has gotten little press but it may have great impact. First off, it will have the intended influence on stabilizing the Commercial Real Estate (CRE) market by helping potentially tens of thousands of mid level [...]

Florida Property Tax Portability Explained

For those who have made a home in Florida and are considering a move to a new Florida home, one of the most important things to be aware of is the newly enacted Property Tax Portability Amendment. So just what is Property Tax Portability? A new Florida law allows residents that are moving from one [...]

Investing in Real Estate through 1031 Exchange

Keeping Your Real Estate Equity In Tact During a Sale With 1031 Exchanges presents a wide variety of opportunities from taking advantage of the 1031 exchange technique provided by the real estate code. In a 1031 tax free exchange a real estate investor can sell an appreciated property and invest the sale proceeds in a [...]