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Biden tax credit to rehab homes is finally unveiled

Housing Wire

HUD has also taken steps to craft a rule on the legal duty to Affirmatively Further Fair Housing. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. The renovations would be on a budget, however.

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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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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

Eminent domain or the power of the government to take private property for a public use without the landowner’s consent is embedded in the Fifth Amendment to the U.S. Superior Arts District’s new tenant brings jobs, art to in renovated warehouse – Marc Lefkowitz of Cleveland Fresh Water.

Appraisal 309
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How to Avoid Scams as a New Homeowner

Eppraisal

    Exploitive Lending and Mortgage Relief There have been 35 mortgage relief scams filed by the Federal Trade Commission in recent years, in which scammers promise to negotiate your rate with mortgage lenders, audit loan paperwork or provide legal services for a fee. Some pretend to be with the government.  Other

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Auctions see high owner-occupancy rates for foreclosed homes

Housing Wire

The role of renovators. It turns out local investors are also more efficient than banks and government agencies at renovating and reselling homes. In that model, the only marketing of foreclosure auctions is through notices in a local newspaper or legal publication. I buy local.

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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.

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Non-Arms Length Sales for Appraisers

Appraisal Today

While often overlooking the CBG adjustment, the underwriter conceded that it might occasionally offer useful insights, yet also acknowledged the problematic nature of such a methodology and anticipated possible legal repercussions for Fannie Mae. Hopefully, what is discussed above is not what GSEs do today. built in 2000. . built in 2000.