Posts tagged as:

real-estate

Ask the taxgirl: Sellers and Homebuyer’s Credit

5 August 2009

Taxpayer asks:
Do you have any advice for how SELLERS should best take advantage of the credit? Should we advertise about the credit with our real estate listings?
Taxgirl says:
That’s a great question!
I think the credit is a real selling point (though I’m not a fan of the concept). It definitely makes sense to advertise it. [...]

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Ask the taxgirl: Homebuyer’s Credit and Rentals

19 July 2009

Taxpayer asks:
Does a duplex qualify as a main residence for first time home buyer credit purposes? If the person is going to live in one unit and rent the other unit do you have to allocate the purchase price for calculating the amount of the credit?
Taxgirl says:
Assuming that you otherwise qualify for the first [...]

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How Much Is Your House Worth?

2 January 2008

And why does it matter on a tax blog?
Consider this. You buy a house in the midst of a housing boom. Prices go up, up, up. Subprime mortgage mess hits. Other credit woes ensue. Housing market drops. As in plummets. And suddenly, your house isn’t worth as much [...]

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Million Dollar Baby

19 October 2007

Pennsylvania State Senator Vincent Fumo has lately found himself in a whole heap of trouble. He is facing a whopping 139 indictments including 2 counts each of filing false tax returns and aiding and assisting in the filing of false tax returns.
To pay for some of his massive legal bills in conjunction [...]

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Maybe Only the Little People Pay Taxes. But Everybody Dies.

20 August 2007

Maybe it’s the line of work that I do – I do a lot of estates related work – but I’ve often thought about how I might be remembered after I’m gone. Maybe that seems morbid to some folks, but it’s something that I deal with week in and week out, how folks are [...]

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