Tax Tips for Short Sales and Foreclosures
Tuesday, March 16
If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012 due to short sale or foreclosure, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts the IRS wants you to know about Mortgage De...
Is Your City in the List of Bottom Real Estate Markets?
Friday, October 16
According to Builder magazine the real estate markets that have been hit the hardest will take the most time to recover. They did a study of all the real estate markets in USA to determine which ones are the weakest. The real estate markets that appear on this list have had the most job losses, ...
Time for a Much Needed Vacation!
Wednesday, August 26
I haven't blogged in a while, but now ends right now! I am so excited I can't contain myself! Why? I am finally going on vacation! Now I know what you are thinking, Summer is just about over, what is this guy on, right? Well, to tell you a little more about myself - ...
The FIGHT to get MY Name Back
Tuesday, August 18
It was a Friday evening at 8:59PM when I suddenly remembered Facebook was giving away vanity URLs in one minute. I assumed the demand for facebook.com/niman wouldn’t be very high, so I let my friend Katherine go first ...
Investors Chomping through the Backlog - Keep Feeding Them!
Monday, May 25
The recent changes in mortgage rules are certainly helping investors get back in to the market. Fannie Mae had previously limited investors by allowing them to finance only up to four properties, regardless of whether they had money for a down payment, and perfect credit. Ever since March, the li...
Agent Lays the SmackDown on the IRS
Wednesday, May 20
Many of you have heard about how the IRS has been targeting Real Estate Agents, and challenging the status of a "real estate professional" for an Agent. To give you a brief background without getting into the details - a "Real Estate Professional" is someone who "materially participates" in their...