(consider both federal and state income taxes)

Per federal guidelines, TDHCA will prioritize applications for households at or below 50% of the area median income level and households where one or more members are currently unemployed and have been for at least 90 days.

For some reason, NYC landlords don't seem to look at these programs any more favorably than they did a year ago and I'm curious to know if thats the general consensus around the country.My question to the community is: does this current economic climate make Section 8 and other city/state/federal program recipients MORE attractive as prospective tenants?

So if you purchase only $500K you would be liable for federal tax on the $135K as long as there is more than $135K of profit.  

@Dean Colias they have their own risk tolerances that they create their own rules for that go above and beyond what the federal overseers require.

@Dov Klitnick there are no Federal, state or local penalties if you do not complete your 1031 Exchange (failed 1031 Exchange). 

This is 7.65%, or $153your company takes out your Federal withholdings, estimated based on the W-4 form you completed.

You need to know the law and have a policy in place for your company that is compliant with local, state, and federal laws.

In the 1930’s, the mortgage industry got a huge assist from the feds — not from the tax deduction, but from agencies like the Federal Housing Administration, which insured 30-year loans, and, over time, the newly created Federal National Mortgage Association, or Fannie Mae.

Check out Philadelphia Federal Credit Union.