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D.C. real estate firms fined $10M for discrimination

Housing Wire

Racine filed the lawsuit against the companies in 2020, which accused the group of denying housing to low-income applicants using Section 8 vouchers and of imposing illegal fees and requirements for applicants with government housing vouchers. We’re sending a message to all landlords: If you follow this playbook, you will face consequences.”.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Don’t let COVID crisis mask affordable housing opportunity

Housing Wire

Finally, we need to renovate our existing housing stock. We need to harness the entrepreneurial spirit of our industry and incentivize small contractors, property owners and developers to renovate, rehab and repurpose existing housing to better reflect the changing demographics and preferences of the housing market.

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Opinion: Who decides what American neighborhoods look like?

Housing Wire

Neighborhoods are subject to the choices of developers, municipal governments and other outside groups. Concepts like getting a mortgage, taking out a line of credit, buying and selling a property and becoming a landlord are rarely part of classroom discussions or dinner-table conversations, unless your family happens to be in real estate.

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What’s a House Worth? Wall Street Turns to Drive-By ‘Appraisals’

Realtor

BPOs have been used to value collateral in the more than $20 billion of bonds sold by institutional landlords, such as Blackstone’s Invitation Homes Inc., Their popularity shows how Wall Street is finding ways to adapt to government efforts to crack down on some of the excesses that contributed to the housing crisis.

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What’s a House Worth? Wall Street Turns to Drive-By ‘Appraisals’

Realtor

BPOs have been used to value collateral in the more than $20 billion of bonds sold by institutional landlords, such as Blackstone’s Invitation Homes Inc., Their popularity shows how Wall Street is finding ways to adapt to government efforts to crack down on some of the excesses that contributed to the housing crisis.

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Investment Property: How Much Can You Write Off on Your Taxes?

Zillow

You can't deduct capital investments like new buildings, additions or renovations. Your adjusted tax basis in a property is the original cost you paid for the property, plus any amount invested in renovations and improvements (including labor costs on these projects) that you have not previously deducted for taxes. More on these later.