Important Real Estate Update for Property Owners: U.S. Senate Passes Mortgage Debt Forgiveness

The U.S. Senate passed its version of the GOP tax reform bill, the Tax Cuts and Jobs Act (the "Senate Bill"), on Saturday, December 2, 2017. Shortly before approving the Senate Bill,

P&A Welcomes Rhonda Duddy to our Real Estate Department February (2) U.S. House Passes Important Changes to the (FHA) Condominium Project Approval Process R.E. Taxes are on the Increase Across Massachusetts 2015 (33) april (2) Self Defense Course for Realtors Scheduled at Perkins & Anctil

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The Foreign Investment in Real Property Tax Act (FIRPTA) was enacted in 1980, initially as a response by Congress to concerns about increasing foreign ownership of farm land in the United States.

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REALTORS across the country convened in May to Washington D.C. for mid-year meetings. North Carolina REALTORS attended various meetings but most importantly visited Capital Hill to lobby the delegation on important real estate issues.

Video: Hartman Simons Partner Jeremy Cohen Discusses Retail from a Lawyer’s PerspectiveImportant Real Estate Update for Property Owners: U.S. Senate Passes Mortgage debt forgiveness outlook for renewal of key tax benefits is improving – WASHINGTON – Here’s some good news for homeowners worried that Congress will fail again to renew.

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WASHINGTON – Jan. 2, 2013 – Yesterday, the House and Senate passed H.R. 8, legislation to avert the so-called "fiscal cliff." Following are real estate-related provisions of the bill, which President Obama plans to sign into law today: Mortgage Forgiveness Debt Relief Act extended to January 1, 2014.

About Differing Rates on mortgages rising In Colorado Mortgage rates rise, create uncertainty in healthy market – Howzes December 9, 2016 at 9:16 pm While 2016 is proving to be another record-breaking year for the local residential real estate market, the increasing likelihood of mortgage rate hikes is creating uncertainty for some and opportunity for others.

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